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Petrol Diesel Prices May 5 Hold Steady Yet Hike Up to Rs 5 Looms in India
Economy
Published on 5 May 2026
Cities stay unchanged but a Rs 5 rise may follow
Petrol and diesel prices remained unchanged across major Indian cities on Tuesday, May 5, even as global oil prices jumped. Government sources suggest retailers are looking to recover losses, with a possible hike of up to Rs 5 per litre for both fuels soon. Domestic LPG cylinder prices are also expected to rise.
- Petrol and diesel rates were unchanged on May 5 across major cities
- Global oil prices surged, but domestic fuel pricing stayed flat
- Government sources flag a potential up to Rs 5 per litre hike
- Domestic LPG cylinder prices may also increase soon
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times