Current LPG Cylinder, Petrol, and Diesel Prices for March 18, 2026: City-Wise Breakdown Amid Middle East Tensions
Amid ongoing tensions in the Middle East, the prices of LPG cylinders in India remain stable, despite rising concerns over supply shortages. The last adjustment to LPG rates occurred earlier this month, with domestic cylinder prices increasing by Rs 60 and commercial cylinders by Rs 115. Panic buying has emerged as consumers worry about potential shortages, leading to long queues at gas agencies. The government assures that there is no shortage for domestic use, but the situation remains tense, particularly for commercial users.
Current LPG Cylinder Prices
As of March 18, 2026, the prices for LPG cylinders vary across major Indian cities. In Delhi, a domestic LPG cylinder costs Rs 913.00, while commercial cylinders range from Rs 1,883.00 to Rs 1,884.50. Mumbai follows closely with domestic prices at Rs 912.50 and commercial prices between Rs 1,835.00 and Rs 1,836.00. Kolkata sees domestic cylinders priced at Rs 939.00, with commercial options costing between Rs 1,988.50 and Rs 1,990.00. Other cities, including Chennai, Bengaluru, and Hyderabad, also reflect similar pricing structures, with domestic prices generally hovering around Rs 900 to Rs 940 and commercial prices varying significantly based on location.
The ongoing conflict in the region, particularly the US-Iran war, has disrupted shipments from the Middle East, which is a primary source of LPG for India. This disruption has raised concerns about the reliability of future supplies, prompting some consumers to engage in panic buying. The government has indicated that while there is no immediate shortage, the situation could change if supply issues persist.
Impact on Commercial Users
The supply challenges have particularly affected commercial users, such as restaurants and eateries, which rely heavily on LPG for cooking. With the government prioritizing domestic LPG supply, many commercial establishments face the risk of prolonged shutdowns. The situation has led to increased black market activity, as some businesses seek alternative sources for LPG. Long queues outside gas agencies have become a common sight, reflecting the anxiety among consumers and businesses alike.
Efforts are underway to stabilize the LPG supply chain. The arrival of the oil tanker Jag Ladki at Gujarat’s Mundra port signifies ongoing attempts to mitigate the supply crisis. However, the effectiveness of these measures remains to be seen, as the geopolitical landscape continues to evolve.
Petrol and Diesel Prices Remain Steady
In addition to LPG, petrol and diesel prices in India have remained unchanged despite rising international crude oil prices. As of March 18, 2026, petrol prices in Delhi stand at Rs 94.77, while diesel is priced at Rs 87.67. Mumbai reports higher rates, with petrol at Rs 103.49 and diesel at Rs 90.03. Other major cities like Bengaluru and Chennai also reflect similar pricing trends.
The rise in Brent crude oil prices, which have recently crossed the $100 per barrel mark, has raised concerns about future price hikes. Iran’s threats to increase prices to $200 per barrel if the conflict continues add to the uncertainty. For now, the Indian government has opted to absorb these costs, either through oil marketing companies or by adjusting excise duties. This strategy aims to shield consumers from immediate price increases, but the long-term sustainability of this approach remains uncertain as global oil markets fluctuate.
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