Mumbai CNG price rises to ₹90 per kilo
Mumbai CNG prices rose by ₹1 to ₹90 per kilogram from 01 Nov 2026, increasing fuel costs for transport users. OI Charts data showed long build-up in GAIL futures but short build-up in IOC and ONGC futures.
pre-market1 source ↓machine-written, see hownot a recommendation
- GAIL close
- ₹167.91
- On the day
- +1.66%
- Futures OI, long build-up
- +1.1%
- Put-call ratio
- 0.85
- Max pain
- ₹170.00
CNG prices in Mumbai rose by ₹1 per kilogram, taking the retail rate to ₹90 per kilogram from 01 Nov 2026, according to Lokshahi English News. The increase affects auto-rickshaws, taxis, private vehicle owners and commercial transport operators, adding to operating costs across passenger mobility and goods movement. 🛺
The report attributed the increase to higher natural gas prices amid the war-like situation in the Middle East. The direct effect is a higher fuel bill for CNG users, while transport operators may face pressure on margins if fares do not adjust immediately. The change also keeps fuel-led inflation in focus for households and businesses that depend on road transport. ⚡
OI Charts data for 30 Oct showed mixed positioning across major listed gas and energy companies. GAIL closed at ₹167.91, up 1.7% over the latest session, while its futures open interest increased 1.1%, indicating a long build-up. Its ₹170 call held the largest call open interest, with ₹190 as the largest put-open-interest strike; max pain stood at ₹170 for the 23 Nov expiry. The stock was still down 2.6% over 20 sessions and remained below its 52-week high of ₹186.87.
IOC closed at ₹130.15, down 0.2%, with futures open interest up 0.4%, indicating a short build-up. Its largest call open interest was at ₹130 and largest put open interest at ₹125, while max pain was ₹132. ONGC fell 0.2%, and its futures open interest rose 1.5%, also indicating a short build-up. Its largest call open interest was at ₹230, largest put open interest at ₹220 and max pain at ₹230.
The next markers are further changes in domestic CNG rates, international gas-cost developments and any response from transport operators or authorities on fares. For the derivatives setups, the 23 Nov expiry and the cited open-interest strikes remain key reference levels. The market data reflects positioning, not a forecast.
Source: Lokshahi English News, 01 Nov 2026
Not investment advice. For informational purposes only.