The latest increase took cumulative fuel price hikes since May 15 to nearly ₹7.5 per litre.
2 min read29 May 2026Jubilant FoodWorks faced multiple inflationary headwinds, particularly from LPG and PNG prices, wage inflation and rising logistics-linked commodity costs.
3 min read20 May 2026With global crude prices remaining above $100, some analysts suggest retail fuel rates must rise by at least another ₹11-14 per litre to offset massive daily losses for oil firms, a move that threatens to stoke inflation and crush consumer demand.
4 min read20 May 2026Another ₹2-4 jump is anticipated shortly if oil costs stay elevated, according to a Bloomberg report.
2 min read16 May 2026Benchmark indices posted their worst weekly slide in two months as the energy shock and record-low rupee rattled investor sentiments.
3 min read15 May 2026Petrol 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.
1 min read15 May 2026LPG cylinder prices in India remained steady on 11 May. Ongoing global supply disruptions are impacting fuel costs, but the government continues to shield consumers from significant price increases amid rising international energy costs.
2 min read11 May 2026LPG cylinder prices in India remained steady on 10 May despite slight adjustments. Ongoing global supply disruptions are impacting fuel costs, but the government continues to shield consumers from significant price increases amid rising international energy costs.
2 min read10 May 2026While cooking gas supplies remained strained due to the West Asia war, household demand had been being prioritized and no shortages have been reported, the petroleum ministry said.
3 min read3 May 2026India’s crude basket is currently trading around $110 per barrel. At these levels, under-recoveries for OMCs are estimated at approximately ₹18–20 per litre for petrol and diesel, even after the ₹10 per litre excise duty cut announced on March 27, 2026.
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