Neutral impactCommodity
Petrol, Diesel Prices On August 1: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More
NDTV Profit 2 hrs ago·1 Aug 2026, 4:18 am
On August 1, petrol and diesel prices remained unchanged across major Indian cities, including Mumbai, Bengaluru, and Chennai. This decision came after a two-day pause in the daily revision cycle, which had seen rates drop by 50 paise per litre on July 30. The price freeze was driven by a temporary dip in global crude oil prices, despite Brent crude trading above $90 per barrel at the end of July.
For investors, this news is a mixed bag. While stable fuel rates are a relief for consumers, it signals that global crude costs are still high. This keeps the pressure on fuel retailers and logistics companies, who face thin margins. The key for investors is to monitor whether the global price trend reverses, as any further rise could force a hike in domestic fuel prices next week.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
