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Petrol And Diesel Prices Up By Rs 3, CNG Dearer By Rs 2

May 15, 2026
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Petrol And Diesel Prices Up By Rs 3, CNG Dearer By Rs 2

KEY HIGHLIGHTS

  • Price of petrol, diesel & CNG goes up 5 days after PM alarming the nation 
  • Kolkata records the highest spike in petrol prices, which now cost Rs 108.74 per litre 
  • Read the whole story to know in detail 

All the non-renewable energy sources required to run a vehicle have been hit by a price hike today, as state-owned oil companies have revised fuel prices, with petrol and diesel becoming costlier by up to Rs 3.29 per litre and CNG by Rs 2 per kg across major Indian cities. This comes into effect five days after the Prime Minister addressed the nation, where he urged citizens to limit the usage of private vehicles and avoid spending on gold and foreign travel.

Now, let's learn more about this in detail. In the meantime, do join our 91Wheels Whatsapp Channel to never miss out on the latest automotive updates.

Also Read: Honda City Facelift Seen Undisguised a Week Before Launch

Petrol And Diesel

City-wise Price Changes

Petrol is now priced at Rs 97.77 per litre in Delhi (up Rs 3), Rs 106.68 in Mumbai (up Rs 3.14), Rs 103.67 in Chennai (up Rs 2.83), and Rs 108.74 in Kolkata, which recorded the steepest hike of Rs 3.29 per litre.

Diesel prices followed a similar pattern. Delhi consumers now pay Rs 90.67 per litre, up by Rs 3, while Mumbai sees diesel at Rs 93.14 (up Rs 3.11). Chennai's diesel has risen by Rs 2.86 to Rs 95.25 per litre, and Kolkata's has gone up by Rs 3.11 to Rs 95.13 per litre.

CNG prices have been raised by a flat Rs 2 per kg in both Delhi and Mumbai. Delhi residents will now pay Rs 79.09 per kg, while Mumbai consumers will shell out Rs 84 per kg.

The Bigger Picture

The revision comes after an unusually long freeze on fuel prices. India had held prices steady for over 70 days even as the ongoing Middle East conflict drove global crude prices to extraordinary levels - a move that placed the country among a small group of nations that chose to shield their citizens from the full brunt of international price volatility.

However, that cushioning came at a significant cost. Public sector oil companies were reportedly absorbing losses of roughly Rs 1,000 crore every single day during this period, according to Petroleum Minister Hardeep Singh Puri.

On the supply side, there is no immediate cause for alarm. The Ministry of Petroleum and Natural Gas has confirmed that CNG supply for transportation remains uninterrupted at full capacity. Speaking at the Annual Business Summit 2026 in New Delhi, Minister Puri noted that India currently holds crude oil and LNG reserves sufficient for 60 days, along with a 45-day buffer stock of LPG, providing a reasonable cushion against any near-term disruption stemming from the Middle East situation.

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