On the back of a massive surge in global oil and natural gas prices, the Union Government on Wednesday clarified that prices of petrol, diesel and domestic LPG — the principal fuels that India uses — remained unchanged.Only the price of commercial LPG has risen today by Rs 195.50. A 19-kg commercial LPG cylinder now costs Rs 2,078.50 in Delhi, according to state-owned oil companies.Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1.On the first of every month, state-owned Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum revise Air Turbine Fuel and LPG prices, depending on global benchmarks and the exchange rate.What changes for common consumersFor the general public, nothing changes because regular petrol and diesel prices — the fuel that India runs on — are unchanged. Petrol still costs Rs 94.77/litre and diesel Rs 87.67/litre in Delhi. This remains possible because after global petroleum prices rising by up to 100 per cent in the last one month, PSU OMCs are incurring under-recoveries of Rs 24.40/litre on petrol and Rs 104.99/litre on diesel at the RSP level, as on April 1, 2026.Every petrol pump in India continues to offer regular petrol and diesel at unchanged prices, even as prices in countries all over the world have risen by 30-50 per cent.What costs moreOnly premium petrol costs more than before. Last week, there was a Rs 2/litre upward revision on premium petrol variants — XP95, Power95, Speed — high-octane performance products, whose prices are revised on fortnightly basis and whose sales by volume are only 2 per cent and 5 per cent of the total petrol volume. They are purchased by motorists, at a premium, by choice.What about domestic LPG pricesDomestic LPG consumers continue to be protected. A 14.2-kg domestic cylinder costs Rs 913 and this price remains unchanged. The PM Ujwala Yojana (subsidised cooking gas scheme) beneficiary price is Rs 613 per cylinder and this is also unchanged. At current prices, OMCs are incurring under recovery of Rs 380/cylinder. Cumulative losses by end-May will reach approximately Rs 40,484 crore. Last year also, out of total losses of Rs 60,000 crore, Rs 30,000 crore were absorbed by Oil PSUs and Rs 30,000 crore by Government of India, in order to insulate the Indian citizen from high international LPG prices. India’s domestic LPG price remains one of the the lowest in the world as compared to Pakistan at Rs 1,046, Sri Lanka at Rs 1,242 and Nepal at Rs 1,208.Commercial LPG to cost morePrices of Commercial LPG cylinders have risen. These are used by industries and hotels, and are deregulated, market-determined and revised normally on a monthly basis. Their consumption is less than 10 per cent of the total LPG consumed in the country. The April 1 price increase of commercial cylinders is due to a 44 per cent surge in the Saudi Contract Price: from $542/MT in March to $780/MT for April, as 20-30 per cent of global LPG supplies are stuck in the Strait of Hormuz.Prices of commercial LPG have been hiked by Rs 195.50 on Wednesday. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies.What about air turbine fuel?ATF prices in India were deregulated in 2001 and are revised monthly, based on a formula of international benchmarks. Due to the closure of the Strait of Hormuz and extraordinary situation in global energy markets, the price of ATF for domestic markets was expected to increase by more than 100 per cent on April 1. But to insulate the domestic travel costs from the substantial increase in international prices, PSU Oil Marketing Companies of the Ministry of Petroleum, in consultation with the Ministry of Civil Aviation, have passed only a partial and staggered increase of 25 per cent (only Rs 15/litre) to the airlines. Foreign routes will pay for the full increase in ATF prices consistent with what they pay in other parts of the world.