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Petrol Diesel Prices Today May 13 Retailers Face Crushing Losses of Over Rs 1000 Crore Daily

Economy
Published on 13 May 2026
Petrol Diesel Prices Today May 13 Retailers Face Crushing Losses of Over Rs 1000 Crore Daily

Government may soon decide on price hikes

Petrol and diesel prices today remain unchanged despite the West Asia crisis, but Petroleum Minister Hardeep Singh Puri warned that oil companies are logging daily losses exceeding Rs 1,000 crore. Retailers, squeezed by these pressures, may force the government to take a call on price hikes soon, even as prices at the pump have held steady.

  • Petrol and diesel rates today are unchanged across cities
  • Minister warns oil companies face daily losses above Rs 1,000 crore
  • Retailer margins are under significant financial pressure
  • Price hike decision may be needed soon
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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