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Petrol Diesel Prices Jump by Rs 3 as West Asia Tension Lifts Global Crude Costs
Economy
Published on 15 May 2026
Oil firms reportedly bleed Rs 20 per litre
Petrol and diesel prices were increased by Rs 3 per litre in India after days of anticipation, driven by rising global crude oil costs linked to conflict in West Asia. In Delhi, petrol rose from Rs 94.77 to Rs 97.77, while diesel increased from Rs 87.67 to Rs 90.67. Metro prices also climbed, with Kolkata, Mumbai, and Chennai seeing petrol gains and diesel hikes. The update follows government claims of heavy under-recovery losses amid frozen domestic retail rates.
- Petrol and diesel both increased by Rs 3 per litre
- Delhi petrol jumped to Rs 97.77 from Rs 94.77
- Delhi diesel rose to Rs 90.67 from Rs 87.67
- Kolkata petrol reached Rs 108.74 and diesel Rs 95.13
- Mumbai petrol climbed to Rs 106.68 and diesel Rs 93.14
- Govt estimates losses of Rs 20 per litre for petrol and Rs 100 for diesel
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This summarization was done by Beige for a story published on 
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