Petrol Prices Surge Above ₹110 in Major Indian Cities Amid Global Oil Crisis
Petrol Above Rs 110! Check India's Most Expensive Cities For Fuel After Latest Hike
News 18
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On May 15, fuel prices in India rose significantly, with petrol surpassing ₹110 per litre in several cities due to high global crude oil prices and supply concerns. Hyderabad now has the highest petrol price at ₹110.89, while diesel prices are nearing ₹100 in some locations.
- 01Petrol prices increased by up to ₹3.60 per litre across India on May 15.
- 02Hyderabad recorded the highest petrol price at ₹110.89 per litre.
- 03Diesel prices are also rising, with Thiruvananthapuram leading at ₹99.63 per litre.
- 04The price hike is attributed to elevated global crude oil prices, currently at $107 per barrel.
- 05Delhi remains relatively cheaper, with petrol at ₹97.77 and diesel at ₹90.67.
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On May 15, 2026, fuel prices in India saw a significant hike, with petrol rates increasing by up to ₹3.60 per litre. The surge is primarily due to high global crude oil prices, which are currently around $107 per barrel. Hyderabad now has the highest petrol price in the country at ₹110.89 per litre, followed closely by Thiruvananthapuram at ₹110.75 and Kolkata at ₹108.74. Diesel prices are also climbing, with Thiruvananthapuram recording the highest at ₹99.63 per litre. In contrast, Delhi's petrol and diesel prices stand at ₹97.77 and ₹90.67, respectively, making them relatively cheaper compared to other major cities. This price hike reflects the ongoing challenges faced by state-run oil marketing companies amid rising under-recoveries due to elevated crude oil prices.
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The rise in fuel prices could lead to increased transportation costs, affecting daily commuters and the prices of goods across various sectors.
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