Petrol, Diesel Price Hike LIVE: The Centre on Friday increased the prices of petrol and diesel by Rs 3 per litre as the Middle East war and the blockade of the Strait of Hormuz continued to disrupt oil and gas supplies, pushing energy rates higher.
The petrol will now cost Rs 97.77 per litre in Delhi, Rs 108.74 per litre in Kolkata, Rs 106.68 in Mumbai and Rs 103.67 per litre in Chennai.
Diesel will now be sold at Rs 90.67 per litre in Delhi, at Rs 95.13 per litre in Kolkata, at Rs 93.14 per litre in Mumbai and at Rs 95.25 per litre in Chennai.
The CNG prices were also hiked in Delhi and are now at Rs 79.09 per kg.
Follow the LIVE Updates of Petrol, Diesel Price Hike in India:
Odisha Urges People Not To Panic Buy Fuel
Amid a surge in rush at fuel stations across Odisha, the state government has asked oil marketing companies to ensure that no retail outlet runs dry and urged people not to indulge in panic buying.
After holding an urgent meeting with stakeholders, Food Supplies and Consumer Welfare Minister KC Patra assured people that the state has adequate stock of petrol and diesel for the next 13 days.
The minister said the daily demand for fuel has increased by around 50 per cent over the past two to three days following rumours of a possible disruption in supply.
"Odisha is the state from where fuel is supplied to Bihar, Chhattisgarh, Jharkhand and Andhra Pradesh. When there is no scarcity in those states, how can Odisha face a shortage? Fuel scarcity is only a rumour," Patra said.
He said many consumers who usually purchase petrol worth Rs 200 a day were buying fuel worth Rs 500 and queuing up at petrol pumps. Some people were also seen carrying jerrycans and containers to stock fuel.
Fuel Price Hike: From Groceries To Cab Rides, What May Get Costlier
In India, about 65% of freight moves by road. A hike in fuel prices leads to a rise in the prices of all other commodities.
Despite Fuel Hike, Is India Shielding Consumers Better Than Rich Nations?
Since the Iran war disrupted the Strait of Hormuz, the world's most critical oil route, fuel prices have surged across countries. Many governments passed on the full impact to consumers within days. India did not.
For nearly 76 days, public sector oil companies held prices steady, even as crude oil crossed $100 per barrel. Losses piled up. Under-recoveries touched around Rs 1,000 crore every day.
While several nations adjusted prices by 20, 40, even 90 per cent, India absorbed the shock for over two months.
"Time For Economic Patriotism": BJP As Congress Criticises Fuel Price Hike
The Congress hinted that with the polls over, the fuel price hike was imminent. The move, the Congress claimed, is bound to lead to further inflation, and growth estimates will be lowered considerably.
The BJP, however, accused the Opposition party of politicising the issue when the world is facing an energy crisis.
BJP spokesperson Pradeep Bhandari claimed that India is witnessing about a 3.5 per cent hike in fuel prices, less than several countries across the globe. He defended the price hike, citing the Brent crude price, which is hovering over $100 per barrel.
Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol and diesel prices were increased by Rs 3 per litre on Friday after weeks of the government trying to hold the line. For nearly 10 weeks, oil companies were selling fuel at old rates even as their costs kept rising.
"Will Have Impact Of Rs 3,500 Per Month": Cab Driver On CNG Price
A cab driver in Delhi has told NDTV that the increase in CNG prices will have a direct impact of Rs 3,000-Rs 3,500 per month on his pocket.
Oil Firms Were Losing Rs 1,600 Crore A Day. How Fuel Price Rise Will Help Them
India woke Friday to an uncomfortable truth - the war in Iran, the blockade of the Strait of Hormuz, and the shock to the global energy trade had finally hit domestic fuel prices.
OMCs, or oil marketing companies, increased retail prices of petrol and diesel by a minimum of Rs 2.83 per litre and that of CNG, or compressed natural gas, by Rs 2 per kilogram.
"Shielding Citizens Instead Of Passing Oil Shock," Say Government Sources On Fuel Price Hike
Government sources have said that they are shielding citizens instead of passing on the full global oil shock, despite the Centre and oil marketing companies absorbing nearly Rs 1,000 crore losses daily.
"Very Small Rise, There's Lot Of Pressure": Top Indian Oil Official
On the fuel price hike, Arvind Kumar, the Director (Refineries), Indian Oil Corporation Limited, has said that it is a "very small rise".
"There is a lot of pressure. But I can tell you that Indian Oil group companies and refineries are working round the clock at more than 100% capacity so that there will be no crisis and no dryout at any of our retail outlets," he told the news agency ANI.
Petrol, Diesel Price LIVE: BJP Says India Recorded Smallest Increase Among Major Economies
The BJP has defended the fuel price hike and said India recorded the "smallest material increase" among all major economies amid the Iran war.
"The surge in global fuel prices since the outbreak of the West Asia conflict offers a revealing comparison of how different countries have managed economic shocks. The closure of the Strait of Hormuz, the world’s most critical oil chokepoint, and the prolonged disruption of shipments sent Brent crude soaring above $100 per barrel through much of April and early May. Across the world, consumers have felt the impact directly at fuel stations. But India stands out as a striking exception," the BJP's Amit Malviya said on X.
He said while countries like Myanmar, Malaysia, Pakistan and the US saw a hike of more than 40 per cent, India increased the prices by only 3 per cent.
The surge in global fuel prices since the outbreak of the West Asia conflict offers a revealing comparison of how different countries have managed economic shocks. The closure of the Strait of Hormuz, the world’s most critical oil chokepoint, and the prolonged disruption of… pic.twitter.com/JtGwvpnLkP
— Amit Malviya (@amitmalviya) May 15, 2026
Petrol Crosses Rs 107 Mark In Jaipur
Petrol prices in Rajasthan's Jaipur rose to Rs 107.97 per litre, and diesel prices climbed to Rs 93.23 per litre after the Centre hiked fuel prices by Rs 3 per litre.
Centre Hikes Petrol, Diesel Price By Rs 3: Know Fuel Price In Your City
Petrol in the national capital, Delhi, will now cost Rs 97.77 a litre, while diesel will be priced at Rs 99.67.
How Petrol, Diesel Price Hike Will Benefit HPCL, BPCL, IOCL
Every half a rupee per litre increase in fuel marketing margins is estimated to lift Ebitda by 7% for IOCL, 8% for BPCL and 11% for HPCL.
In order to totally recoup the losses and reach break-even on their marketing margins, these companies must hike petrol prices by Rs 28/litre more, accounting for a gap of 29.5%. Similarly, OMCs need Rs 32/litre more hike in diesel prices to reach full cost recovery - a 36.5% shortfall.
CNG To Cost Rs 87 Per Kg In Noida, Ghaziabad
The CNG will now cost Rs 87 per kg in Noida and Ghaziabad.
CNG To Cost Rs 79.09 Per Kg In Delhi
The CNG will now cost Rs 79.09 per kg in Delhi.
CNG Prices Hiked In Delhi
After petrol and diesel, CNG prices have been hiked in Delhi by Rs 2 per kg.
PM Modi Had Appealed To Reduce Use Of Petrol, Diesel
Prime Minister Narendra Modi had last week appealed to citizens to reduce the use of petrol and diesel wherever possible and switch to metro services, electric buses and public transport.
Petrol, Diesel Price LIVE: India Was One Few Countries Where Fuel Prices Were Not Increased
India was one of the few countries that didn't increase prices of petrol and diesel for domestic consumers or rationed supplies amid the Iran war.
Diesel Price LIVE: Diesel To Be Sold At Rs 90.67 In Delhi, At Rs 95.13 per In Kolkata
Diesel will now be sold at Rs 90.67 per litre in Delhi, at Rs 95.13 per litre in Kolkata, at Rs 93.14 per litre in Mumbai and at Rs 95.25 per litre in Chennai.
Petrol Price LIVE: Petrol To Cost Rs 97 In Delhi, Rs 106 In Mumbai
The petrol will now cost Rs 97.77 per litre in Delhi, Rs 108.74 per litre in Kolkata, Rs 106.68 in Mumbai and Rs 103.67 per litre in Chennai.
Petrol, Diesel Price Hike LIVE: Petrol, Diesel Rates Hiked By Rs 3
The Centre has increased the prices of petrol and diesel by Rs 3 per litre as the Middle East war and the blockade of the Strait of Hormuz continued to disrupt oil and gas supplies, pushing energy rates higher.
