Diesel Prices

Petrol, Diesel Price LIVE Updates: Petrol and diesel prices were hiked again across major Indian cities on May 20, with rates rising by up to 90 paise per litre. The latest increase has pushed fuel prices higher in Delhi, Mumbai, Bengaluru and Kolkata. Track Petrol, Diesel Price LIVE Updates.

Petrol and diesel prices were increased by up to 90 paise per litre on Tuesday, marking the second hike in less than a week amid elevated global crude oil prices.

Petrol and diesel prices were increased by 90 paise per litre on Tuesday, the second increase in less than a week.

Petrol and diesel prices increased by ₹3 per litre, the first rise in over four years, due to global crude price surges linked to the Iran war. CNG prices also rose by ₹2 per kg in major cities like Delhi and Mumbai.

Another ₹2-4 jump is anticipated shortly if oil costs stay elevated, according to a Bloomberg report.

Dealers said fuel supplies from BPCL and HPCL over the past three weeks have been delayed by two to three days in some cases, while several outlets are receiving only around 80% of their usual orders.

Petrol and diesel price hike offers some relief to OMCs, but analysts believe it is insufficient to fully offset the massive under-recoveries accumulated over the past few years. OMCs are estimated to be incurring losses of around ₹20 per litre on petrol and nearly ₹100 per litre on diesel.

Fuel has a direct impact on inflation and an indirect impact through transport, food distribution, and services. Analysts believe that if the pass-through remains limited, the RBI may look through it. If it becomes broad-based, the rate cycle can stay tighter for longer.

Petrol and diesel prices in India increased by ₹3 per litre, with CNG rising by ₹2 per kg. This hike aims to offset losses from rising crude oil prices, but concerns about its impact on retail inflation persist, especially in sectors like agriculture and transportation.

CNG prices in Delhi were hiked by ₹2 per kg effective 15 May 2026, adding to transportation costs for commuters and commercial vehicles. The revision is expected to impact autorickshaws, taxis, and delivery services, amid concerns about higher travel and logistics costs in the city.