January 4, 2026 fuel update: Petrol, diesel prices stable; LPG rates remain flat

#Business Desk
Representational Image | Canva
Representational Image | Canva

New Delhi: Petrol and diesel rates remained largely stable with slight fluctuations in some metro cities and state capitals on Sunday, January 4, 2026.

Petrol prices have fluctuated between ₹103.50 and ₹103.54 over the last 10 days. Motorists can check today’s petrol prices across states and districts below, with figures inclusive of state taxes.

In Mumbai, petrol was priced at ₹103.54 per litre on Sunday. In Chennai and Thiruvananthapuram, prices dipped slightly to ₹100.80 and ₹107.30 per litre respectively, as compared to yesterday.

Petrol prices in India remain higher than in neighbouring countries such as Nepal, Bangladesh, and Sri Lanka. This difference is primarily attributed to higher excise duty and Value Added Tax (VAT) imposed by both central and state governments.

Diesel was priced at ₹90.03 per litre in Mumbai, showing slight variations across major metro cities like Bhubaneshwar, Gurgaon, and Lucknow.

Diesel rates dropped in several cities, including Gurgaon, Bhubaneshwar and Thiruvananthapuram. No major price uptick was observed as of Sunday morning.

Fuel costs remain influenced by global oil trends, domestic tax policies and currency exchange rates.

Petrol and diesel prices in major Indian cities on January 4, 2026

City

Petrol (₹/litre)

Diesel (₹/litre)

New Delhi

₹94.77

₹87.67

Kolkata

₹105.41

₹92.02

Mumbai

₹103.54

₹90.03

Chennai

₹100.80

₹92.39

Gurgaon

₹95.56

₹88.02

Noida

₹94.85

₹87.98

Bangalore

₹102.92

₹90.99

Bhubaneswar

₹100.94

₹92.52

Chandigarh

₹94.30

₹82.45

Hyderabad

₹107.50

₹95.70

Jaipur

₹104.72

₹90.21

Lucknow

₹94.69

₹87.81

Patna

₹105.53

₹91.77

Thiruvananthapuram

₹107.30

₹96.18

Note: Prices already include state taxes and may vary slightly within districts.

What to expect going forward

Petrol prices in India are expected to remain sensitive to global market shifts, taxation reforms and currency fluctuations. While international crude prices are beyond domestic control, rationalisation of taxes and strengthening of the rupee can offer relief to consumers. Staying informed about the underlying factors can help consumers and businesses plan fuel expenses more effectively.

In India, fuel prices are adjusted by state-run oil companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum, in line with global market trends. When international crude oil prices rise, petrol rates in the country also move up. Conversely, a dip in global crude prices usually leads to a reduction in the daily petrol prices here.

LPG prices

The average price of a 14.2 kg domestic LPG cylinder across major Indian cities stands at ₹852.50 on Sunday, with no recent change in rates.

Prices have remained stable since April 2025, following a ₹50 hike in April 2025. Over the past 12 months, LPG prices across India have risen by ₹50 between December 2024 and November 2025.

The price of a 19 kg commercial cylinder in Mumbai remains ₹1,642.50 after a hike on January 1. Prices varied across major cities, with Chennai recording the highest at ₹1,849.50.

Cylinder Type Current Price Change (vs. Last Month) Last Major Revision
Domestic (14.2 kg) ₹852.50 ₹0.00 (No Change) April 2025 (+₹50)
Commercial (19 kg) ₹1,642.50 +₹111.00 (Increase) Jan 1, 2026

Domestic LPG prices in India are set by state-run oil marketing companies and are reviewed on a monthly basis. LPG remains the primary cooking fuel for most Indian households, making price movements a key concern for consumers, particularly amid broader fuel cost pressures.

To ease the impact on households, the central government continues to offer subsidies on domestic LPG cylinders. The subsidy amount is credited directly to beneficiaries’ bank accounts after purchase. Subsidy levels vary each month and are linked to international benchmark LPG prices and foreign exchange rate movements.