CNG continues to offer the highest price advantage over petrol in Mumbai, while Delhi provides the biggest savings compared to diesel, according to a report by Antique Stock Broking. The report highlighted that Mumbai offers the highest arbitrage versus petrol, even after multiple CNG price hikes in the past few months.
The report stated, "CNG continues to offer the highest price advantage over petrol in Mumbai, while for diesel the highest advantage is in Delhi." Since the beginning of FY26, CNG prices have seen an increase in major cities. IGL (Indraprastha Gas Limited) raised CNG prices twice by Rs 1/kg each, first on 7th April and then on 3rd May, which pushed the CNG price in Delhi to Rs 77.1/kg.
Meanwhile, Mahanagar Gas Ltd (MGL) announced three price hikes--Rs 1.5/kg on 9th April,

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