Petrol and Diesel Prices Hiked Again | Check Latest Price in Delhi, Mumbai, Kolkata, Etc

Added: 2026-05-19

[00:00:14]Petrol and diesel prices were raised by 90 pes per liter on Tuesday, marking the second hike in under a week. In the national capital, petrol prices increased from 97.77 rupees to 98.64 64 rupees per liter. While diesel rates went up from 90.67 rupees to 91.58 rupees per liter according to industry sources. This is the second rate increase in less than a week. Prices were hiked by 3 rupees a liter on Friday. In Delhi, petrol now retails at 98.64 rupees per liter, up by 87 pes while diesel is priced at 91.58 rupees per liter, higher by 91 pes. Mumbai saw petrol rise by 91 pes to 107.59 rupees per liter and diesel by 94 pes to 94.08 rupees per liter. Kolkata recorded the steepest hike in petrol at 96 pes to 109.70 rupees per liter while diesel prices rose by 94 pes to 96.07 rupees per liter. In Chennai, petrol prices rose by 82 pes to 104.49 49 per liter and diesel by 86 pesa to 96.11 rupees per liter.

[00:01:30]According to analysts cited by Reuters, a sustained rise in crude oil prices could have a cascading impact on retail inflation, transportation expenses, and overall household budgets. The latest revision comes amid elevated crude oil prices driven by ongoing geopolitical tensions in West Asia and supply concerns around the state of Hormos.

[00:01:50]Brent crude prices have remained above $110 per barrel mark in recent sessions, increasing pressure on fuel retailers and India's import bill. According to the report by the economic times, despite last week's 3 rupees per liter hike, state-run oil marketing companies continue to face significant underreoveries on the sale of petrol, diesel, and LPG. According to estimates cited by the times of India, OMC's are currently losing around 750 cr rupes daily on fuel sales. Industry experts and brokerage analysts cited by the Indian Express said the recent hikes may only partially offset losses in occurred by fuel retailers with some reports suggesting OMC's were earlier losing nearly 14 rupees per liter on petrol and over 40 rupees per liter on diesel amid the sharp surge in international crude prices. Indian Oil Corporation director Arvind Kumar recently termed the increase a very small rise and said Indian refiners are operating at more than 100% capacity to ensure uninterrupted fuel supply across the country. The Times of India reported.

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