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Petrol Diesel Prices Today Stable in Most Cities as Next Week Hike Rumours Spread
Economy
Published on 9 May 2026
Two months of hidden cost cuts may be ending soon
Petrol and diesel prices stayed steady across most major Indian cities on Saturday even as global crude oil firmed up amid geopolitical tensions. Oil marketing companies and the government have been absorbing higher costs for over two months to avoid retail hikes, but the cushion is reportedly running thin. Watch Delhi, Mumbai and Gurugram for what comes next week.
- Petrol and diesel rates remained stable in many major cities
- Global crude prices rose on geopolitical tension pressures
- Government and OMCs have absorbed costs for over two months
- Next week price hike rumours are emerging
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times