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Diesel prices steady across Indian cities today but Rs 10 hike warning looms

Economy
Published on 27 April 2026
Diesel prices steady across Indian cities today but Rs 10 hike warning looms

Oil firms may seek up to Rs 10 more soon

Despite a global crude oil jump fueled by geopolitical tensions and Strait of Hormuz disruptions, diesel retail rates in major Indian cities stayed unchanged on April 27. Still, analysts warn oil marketing companies could push prices higher, potentially by around Rs 10 per litre, to recover losses. City-wise rates remain steady but the next revision may not.

  • Diesel retail prices stayed steady in major cities on April 27
  • Global crude surged due to geopolitical tensions and Hormuz disruptions
  • Experts expect possible diesel hike around Rs 10 per litre
  • Move could be aimed at offsetting oil marketing company losses
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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