Petrol, Diesel Prices Hiked By ₹3 Per Litre Across India; Pune Petrol Rate Nears ₹107
Fuel prices across India witnessed a major jump as petrol and diesel rates increased by more than ₹3 per litre, impacting transportation and household expenses nationwide.
Delhi Petrol
₹97.77
Mumbai Petrol
₹106.68
Pune Petrol
Near ₹107
Pune, May 15, 2026: Fuel prices across India have been increased from today, with petrol, diesel, and premium fuel variants witnessing a sharp rise of more than ₹3 per litre. The revised rates were confirmed by fuel dealers and major oil marketing companies operating nationwide.
According to the latest update, petrol prices have increased by ₹3.16 per litre, while diesel rates have gone up by ₹3.10 per litre in several cities. Indian Oil Corporation’s premium petrol variant XP95 also recorded a hike of ₹3.14 per litre.
Revised Petrol Prices In Major Cities
| City | Petrol Price | Increase |
|---|---|---|
| Delhi | ₹97.77 | +₹3.00 |
| Kolkata | ₹108.74 | +₹3.29 |
| Mumbai | ₹106.68 | +₹3.14 |
| Chennai | ₹103.67 | +₹2.83 |
Revised Diesel Prices In Major Cities
| City | Diesel Price | Increase |
|---|---|---|
| Delhi | ₹90.67 | +₹3.00 |
| Kolkata | ₹95.13 | +₹3.11 |
| Mumbai | ₹93.14 | +₹3.11 |
| Chennai | ₹95.25 | +₹2.86 |
The revised fuel prices are now applicable across major oil marketing companies, including Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL).
Reports from multiple states suggested panic buying at petrol pumps even before the official announcement. Long queues were seen outside several fuel stations as consumers rushed to refill tanks ahead of the price revision.
Industry officials stated that the increase in international crude oil prices, combined with supply concerns arising from the escalating tensions in West Asia, forced oil companies to transfer part of the additional burden to consumers.
Why Fuel Prices Are Rising
- Global crude oil prices have surged sharply.
- Supply chain disruptions near the Persian Gulf are increasing costs.
- Shipping and refinery expenses have become more expensive.
- India imports a major portion of its crude oil requirement.
- International geopolitical tensions are impacting energy markets.
Analysts believe the latest fuel hike could significantly impact transportation costs across the country. Prices of vegetables, groceries, logistics services, and other essential commodities may also increase in the coming weeks due to higher fuel expenses.
Economists are closely monitoring international energy markets as further volatility in crude oil prices could trigger additional revisions in domestic fuel rates if global tensions continue to rise.
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