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Reading: Why Indian Oil is Absorbing Global Energy Costs for Petrol and LPG
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Viascore > Blog > Sports India > Why Indian Oil is Absorbing Global Energy Costs for Petrol and LPG
Sports India

Why Indian Oil is Absorbing Global Energy Costs for Petrol and LPG

ViaScore
Last updated: 2026/05/01 at 1:59 AM
ViaScore 2 Min Read
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2 min readNew DelhiMay 1, 2026 07:29 AM IST

Amid rising global energy prices, state-run oil companies have largely shielded domestic consumers from any immediate impact by keeping domestic LPG and aviation turbine fuel (ATF) prices for local airlines unchanged.

Retail prices of petrol and diesel have also been kept steady. According to Indian Oil Corporation (IOC), there has been no revision in key fuels affecting the general public, with oil firms absorbing higher input costs, including for ATF used by domestic airlines. However, ATF prices for international carriers and some industrial fuels have been increased in line with global benchmarks.

Meanwhile, commercial LPG cylinder rates have been sharply increased by Rs 993 from May 1. The price of a 19-kg commercial cylinder in Delhi now stands at Rs 3,071.50, a move likely to hit businesses such as hotels, restaurants and catering services, while household consumers continue to be protected.

Overall, about 80 per cent of petroleum products have seen no change in prices, while 4 per cent have become cheaper and 16 per cent, largely industrial fuels, have recorded an increase.

Price revisions have been limited to segments such as commercial LPG, bulk diesel, and fuel for international airline operations, which account for a relatively small share of consumption. IOC said the approach is aimed at balancing global price trends while protecting domestic consumers and maintaining stability.





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TAGGED: Regional news
ViaScore May 1, 2026 May 1, 2026
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