Fuel Prices Surge Across India: Petrol and Diesel Rates Increase by Over ₹3
Petrol, Diesel Prices Hiked By Over Rs 3 Per Litre: Know City-Wise Fuel Rates For May 15
News 18
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On May 15, petrol and diesel prices increased across major Indian cities due to rising global crude oil prices and supply concerns. Petrol prices rose by up to ₹3.60 per litre, while diesel saw hikes of up to ₹3.56 per litre, with Hyderabad recording the highest petrol price at ₹110.89 per litre.
- 01Petrol prices increased by up to ₹3.60 per litre across India.
- 02Diesel prices rose by up to ₹3.56 per litre.
- 03Hyderabad has the highest petrol price at ₹110.89 per litre.
- 04Chandigarh has the lowest petrol price at ₹97.27 per litre.
- 05This is the first fuel price hike since May 2022.
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On May 15, 2026, petrol and diesel prices were raised across various cities in India, reflecting the impact of rising global crude oil prices and ongoing supply concerns linked to the West Asia crisis. Petrol prices surged by up to ₹3.60 per litre, while diesel saw increases of up to ₹3.56 per litre. In New Delhi, petrol now costs ₹97.77 per litre, and diesel is priced at ₹90.67 per litre. Mumbai residents will pay ₹106.64 per litre for petrol, an increase of ₹3.10, while diesel rose to ₹93.14 per litre. The latest hike marks the first increase in fuel prices since May 2022, as state-run oil marketing companies grapple with significant under-recoveries due to elevated input costs. Notably, Hyderabad recorded the highest petrol price at ₹110.89 per litre, while Thiruvananthapuram had the highest diesel price at ₹99.63 per litre. Chandigarh remains the most affordable city for petrol at ₹97.27 per litre and for diesel at ₹85.25 per litre.
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The increase in fuel prices will likely lead to higher transportation costs, affecting daily commuters and overall inflation.
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