Consumers across major Indian cities found stability in fuel costs on August 4, 2026, with prices for Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and Piped Natural Gas (PNG) remaining unchanged for over a month. This consistency holds despite ongoing geopolitical tensions surrounding US-Iran relations, which have traditionally influenced global energy markets.
Domestic LPG Cylinder Prices (14.2 kg)
Rates for the standard 14.2 kg domestic LPG cylinder on August 4 were as follows:
- Delhi: ₹942
- Bengaluru: ₹944.50
- Hyderabad: ₹994
- Mumbai: ₹941.50
- Chennai: ₹957.50
- Kolkata: ₹968
- Jaipur: ₹945.50
- Noida: ₹939.50
- Gurugram: ₹950.50
- Chandigarh: ₹951.50
Commercial LPG Cylinder Prices (19 kg)
Commercial 19 kg LPG cylinders also saw stable rates on August 4:
- Delhi: ₹2,738
- Bengaluru: ₹2,821
- Hyderabad: ₹2,985
- Mumbai: ₹2,691.50
- Chennai: ₹2,906
- Kolkata: ₹2,872.50
- Jaipur: ₹2,765.50
- Noida: ₹2,738
- Gurugram: ₹2,755
- Chandigarh: ₹2,760
CNG Prices Per Kg
The rates for Compressed Natural Gas per kilogram across key cities on August 4 were:
- Delhi: ₹83.09
- Bengaluru: ₹97
- Hyderabad: ₹109
- Mumbai: ₹86
- Chennai: ₹97
- Kolkata: ₹99.50
- Jaipur: ₹96.50
- Noida: ₹91.70
- Gurugram: ₹88.12
- Chandigarh: ₹99.90
PNG Prices Per SCM
Piped Natural Gas (PNG) rates per Standard Cubic Meter (SCM) on August 4 included:
- Delhi: ₹49.59
- Bengaluru: ₹53
- Hyderabad: ₹51
- Mumbai: ₹51.50
- Chennai: ₹50
- Kolkata: ₹50
- Jaipur: ₹49.50
- Noida: ₹49.45
- Gurugram: ₹48.40
- Chandigarh: ₹54.70
India's Strategic Shift in LPG Sourcing
Amidst global energy market volatility, India is actively diversifying its liquefied petroleum gas imports. The nation plans to source up to 25 percent of its LPG from the United States by 2027. This strategic move aims to lessen India's significant reliance on Middle Eastern suppliers and mitigate the risk of supply disruptions, such as those experienced earlier in 2026 due to the Iran conflict and the closure of the Strait of Hormuz.
India, the world's third-largest oil importer and consumer, obtained approximately 90 percent of its 21.85 million metric tonnes of LPG imports from the Middle East in 2025. Imports constituted about 66 percent of the country's total LPG consumption. The earlier shortage forced the government to implement emergency measures, diverting petrochemical feedstocks to households for cooking fuel.
Geopolitical Backdrop: US-Iran Dialogue
The stability in India's domestic fuel prices occurs against a backdrop of complex international diplomacy. US President Donald Trump indicated on August 4, 2026, that talks with Iran were "right now" underway, initiated at the request of Iran and several Gulf nations. Trump characterized these as a "last chance" for Iran to agree to a "good document," following his earlier decision to call off planned military strikes.
However, Iran has publicly contradicted these claims. Iranian Foreign Ministry spokesman Esmail Baghaei denied any negotiations or scheduled meetings with the United States. He stated that Iran had no plans for foreign delegations or sending negotiators abroad, asserting that Iranian officials, with the exception of Foreign Minister Abbas Araqchi, were currently within the country.