OMCs hold petrol and diesel prices; commercial LPG falls about ₹200

Petrol and diesel rates remained unchanged on August 7 after OMC hikes on May 25. Delhi petrol was ₹102.12 a litre and diesel ₹95.20, while commercial LPG cylinder prices were cut by around ₹200 from August 1.

— Source publishedFri, 7 Aug, 2026, 08:17 IST·First seen Fri, 7 Aug, 2026, 08:47 IST·Source Business Today · Latest

The development

Indian petrol and diesel retail prices were largely unchanged on August 7 after May 25 OMC hikes. Petrol remains above ₹100 per litre in Delhi and above ₹110 in Mumbai, Bengaluru, Hyderabad and Kolkata, while commercial LPG rates fell around ₹200 from August 1.

The numbers

  • Petrol price increase since May 25: ₹2.61/litre
  • Diesel price increase since May 25: ₹2.71/litre
  • Delhi petrol: ₹102.12/litre; diesel: ₹95.20/litre
  • Hyderabad petrol: ₹115.43/litre; diesel: ₹103.58/litre
  • Kolkata petrol: ₹113.51/litre; diesel: ₹99.82/litre
  • Mumbai petrol: ₹111.21/litre; diesel: ₹97.83/litre
  • Bengaluru petrol: ₹111.68/litre; diesel: ₹99.56/litre
  • Chennai petrol: ₹107.76/litre; diesel: ₹99.55/litre
  • Commercial LPG cylinder reduction from August 1: around ₹200

Why it matters to operators and investors

Stable transport-fuel pricing and lower commercial LPG costs could improve planning for fuel-dependent partnerships, fleet offerings and B2B energy propositions.

What to watch next

  • Next monthly commercial LPG revision and whether cuts extend beyond one cycle.
  • Crude oil prices, INR/USD movement and OMC marketing-margin trends.
  • Any petrol or diesel revision after the May 25 increase.
  • Restaurant menu-price changes, QSR same-store sales and foodservice gross-margin commentary.
  • Freight-rate movements from FMCG distributors, 3PLs and last-mile delivery operators.
  • Festive-season demand strength for catering, hospitality and discretionary dining.
  • Restaurant and QSR operators may use LPG savings to protect value-menu pricing, fund promotions or offset wage and rental inflation.
  • Caterers, banquet operators and cloud kitchens may become more aggressive on bulk-order pricing during the festive and wedding season.
  • FMCG and grocery distributors are likely to maintain current freight-linked charges while fuel rates remain frozen.
  • Retailers may see modest improvement in foodservice tenant sales and occupancy economics, especially in malls and travel locations.
  • E-commerce and quick-commerce firms may sustain delivery-fee promotions if diesel and petrol stability persists.

The counter-case

Unchanged petrol and diesel prices may not be consumer-friendly stability so much as delayed pass-through: if crude oil, rupee depreciation, freight or refinery costs rise, OMC marketing margins could compress and eventually force sharper retail increases. The LPG cut helps commercial users, but may reflect a volatile benchmark-driven adjustment rather than durable input-cost relief, and it does not benefit households using subsidized or domestic cylinders in the same way.