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Petrol Diesel Set to Jump ₹5 to ₹7 a Litre by May 15
India
Published on 8 May 2026
Sources cite global crude surge and rate pressure
Petrol and diesel prices may rise by ₹5 to ₹7 per litre nationwide by May 15, sources say. The expected increase follows a global crude oil price uptick and mounting pressure on domestic oil marketing companies to bring retail rates in line with international benchmarks. An LPG price revision could also be considered, adding to household cost concerns.
- Petrol and diesel could rise ₹5 to ₹7 per litre by May 15
- Global crude oil prices are reportedly driving the move
- Oil marketing firms face pressure to match international retail benchmarks
- LPG hike is also being flagged as a possibility
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This summarization was done by Beige for a story published on 
Republic