After the increase, petrol costs ₹102.12 per litre in Delhi, Kolkata ₹113.51, Mumbai ₹111.21 and Chennai ₹107.77.
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State-run oil marketing companies (OMCs) on Monday raised the retail price of diesel by around ₹2.71 per litre and petrol by about ₹2.61 per litre, making it the fourth hike in the last 10 days.After the increase, petrol costs ₹102.12 per litre in Delhi, Kolkata ₹113.51, Mumbai ₹111.21 and Chennai ₹107.77.Similarly, a litre of diesel now costs ₹95.20 in Delhi, Kolkata ₹99.82, Mumbai ₹97.83 and Chennai ₹99.55 a litre.This is the fourth hike in retail prices of diesel and petrol since May 15, when the prices for both the auto fuel was first raised by around Rs 3 per litre each. This was followed by a 90 paise increase on May 19 and May 23.Overall, the prices have now been raised by roughly ₹7.40-₹7.50 per litre for the two auto fuels.Petrol and diesel prices are now at their highest levels since May 2022. Rates had remained frozen since April 2022 except for a ₹2-per-litre cut in March 2024 ahead of the Lok Sabha elections.The fuel price increases come amid broader efforts by the government to contain India’s oil import bill and reduce fuel consumption.
The impact of the West Asia conflict and the resultant increase in cost of crude oil, LPG and LNG, which has been absorbed by the PSU OMCs, severely impacted the refiners. Besides, a weak Indian Rupee vis-a-vis the US dollar is further exacerbating the crisis.Published on May 25, 2026
