Petrol And Diesel Prices Rise Across India After Crude Oil Surge
Petrol Diesel Price Hike 2026 Updates
Petrol and diesel prices were increased by Rs 3 per litre across India on Friday, May 15, 2026, as rising global crude oil prices added pressure on oil marketing companies. The latest petrol diesel price hike 2026 has become a major India fuel news update, with fuel price increase India trends showing higher petrol, diesel, and CNG costs in major cities.
After the revision, petrol in Delhi rose from Rs 94.77 to Rs 97.77 per litre, while diesel increased from Rs 87.67 to Rs 90.67 per litre. Petrol prices also climbed in other metros, reaching Rs 108.74 in Kolkata, Rs 106.68 in Mumbai, and Rs 103.67 in Chennai. Diesel prices rose to Rs 95.13 in Kolkata, Rs 93.14 in Mumbai, and Rs 95.25 in Chennai. Delhi also witnessed a CNG price hike of Rs 2 per kg, taking the rate from Rs 85 to Rs 87.
Crude Oil Impact On Fuel Rates
The fuel price increase in India update is linked to the sharp rise in global crude oil rates following tensions in West Asia. India had avoided major retail fuel hikes for a long period, but oil companies were reportedly facing growing financial pressure due to higher input costs.
Petrol and diesel prices had mostly remained unchanged since April 2022, except for a one-time Rs 2 per litre cut in March 2024. Before the latest revision, speculation about higher petrol and diesel rates led to heavy rushes at petrol pumps in several states, as motorists rushed to refill vehicles before the new prices came into effect.
