For the second time in a span of 5 days, costs of petrol and diesel have been hiked once more on Tuesday (Could 19, 2026) by about 90 paise per litre throughout the nation and throughout all variants.
With the most recent hike, costs of the 2 retail fuels have elevated about ₹3.90 per litre since Friday (Could 15, 2026) when it was hiked ₹3 litre after a span of 4 years.
Efficient Tuesday (Could 19, 2026), the worth of petrol in Delhi has been hiked 87 paise to ₹98.64 per litre, whereas diesel has been hiked 91 paise to ₹91.58 per litre.
Petrol and diesel costs hike updates on Could 15, 2026
The premium variant of diesel, that’s, XG of Indian Oil, is now priced ₹96.90 per litre following a 91 paise hike. Whereas the high-octane variant pf petrol, that’s, XP95 has been hiked 87 paise to ₹105.76 per litre.
The steepest hike within the worth of the 2 retail fuels has been noticed in Kolkata, that’s, compared to friends Delhi, Mumbai and Chennai.
Worth of petrol in Kolkata has been hiked by 96 paise to ₹109.70 per litre. In the meantime, worth of diesel has soared 94 paise to ₹96.07 per litre.
Practically comparable developments, that’s, about 90 paise hikes have been noticed within the different metros as nicely.
Costs of petrol in Mumbai have been hiked 81 paise and is now being bought at ₹107.49 per litre. Worth of diesel have been hiked 88 paise to ₹94.02 per litre.
New worth of petrol and diesel in main cities
| Metropolis | Petrol | Diesel |
| New Delhi | ₹98.64 | ₹91.58 |
| Mumbai | ₹107.59 | ₹94.08 |
| Kolkata | ₹109.70 | ₹96.07 |
| Chennai | ₹104.49 | ₹96.11 |
Chennai woke as much as an 82 paise hike in costs of petrol and 86 paise hike in diesel. They’re now priced at ₹104.49 per litre and ₹96.11 per litre respectively.
The most recent hike is the second of such worth hikes indicative of stress on retail gas because the benchmark brent crude futures proceed to soar amid the escalating tensions in West Asia.
In response to authorities knowledge, India’s crude oil basket till Could 15, 2026 for the reason that begin of the month, has averaged $106.69 per barrel. Additional, within the morning hours of Tuesday, Brent crude futures (July) have been buying and selling 0.156% greater at $109.34 per barrel.
On Monday (Could 18, 2026), the federal government had knowledgeable that losses being incurred by oil-marketing firms from liquified petroleum gasoline (LPG), petrol and diesel mixed have come down by ₹250 crore to ₹750 crore following the ₹3 hike in costs of petrol and diesel, which was executed Could 15.
It was additionally knowledgeable that as on date, the federal government there was no bailout bundle for oil-marketing firms being thought of.
Prime Minister Narendra Modi final week urged gas conservation, work-from-home practices and lowered travel as greater vitality costs pressure India’s overseas trade reserves and threaten to widen the present account deficit for a 3rd straight 12 months.
Some State governments have already instructed departments to restrict journey, keep away from bodily conferences and function with lowered workplace staffing.
Personal gas retailers had already elevated pump costs. Nayara Power, the nation’s largest personal gas retailer, in March, raised petrol costs by ₹5 per litre and diesel by ₹3, whereas Shell elevated petrol costs by ₹7.41 and diesel by ₹25 per litre from April 1. In Bengaluru, Shell sells petrol at ₹119.85 per litre and diesel at ₹123.52.
Home cooking gasoline LPG costs have been raised in March by ₹60 per cylinder, however they’re nonetheless means decrease than the precise price. Oil firms are shedding ₹674 per 14.2-kg cylinder of LPG.
Business sources mentioned the worth hike seems calibrated — sufficient to partially ease margin stress on oil firms with out creating a significant inflationary shock.
The rise, nevertheless, could have some influence on inflation, they mentioned.
India’s retail inflation, measured by the Shopper Worth Index (CPI), rose to three.48% in April 2026 from 3.40% in March, whereas wholesale worth inflation (WPI) surged to eight.3%, a 42-month excessive, pushed by a pointy rise in gas and vitality costs amid elevated international crude oil charges.
(With inputs from PTI)
Revealed – Could 19, 2026 06:36 am IST
