GoodReturns Wealth · India Impact
Cheaper Crude, City by City
Petrol and diesel prices have held steady at PSU pumps since May 25 — even as global crude cools. Here's where the relief has, and hasn't, reached.
Petrol Prices Across Metros — Still at May 25 Levels
₹ per litre, as of 2nd July 2026 — PSU OMC rates (Indian Oil / BPCL / HPCL)
Commercial LPG Already Cut — Household Cylinders Untouched
One category has passed on crude relief already; another hasn't
Commercial 19kg
₹2,930
↓ from ₹3,113 record high
5kg FTL Cylinder
₹808.50
↓ ₹13 cut
Household 14.2kg
Unchanged
No relief yet for homes
Who Benefits First?
The margin-repair chain
Crude falls to $70.83
→
OMCs repair ~₹26/L petrol,
₹81.90/L diesel under-recovery
→
Consumer relief comes only after margins are restored
The Macro Payoff
Where the real benefit shows up first
Rupee / USD
₹94.40
Best month since Feb
RBI Repo Rate
5.25%
Next MPC: Aug 3-5