Fuel Prices Hiked For Fourth Time In 10 Days: Petrol Up by Rs 2.61, Diesel by Rs 2.71

New Delhi: Petrol and diesel prices were hiked once again on Monday, marking the fourth increase in less than two weeks amid continued volatility in global crude markets and ongoing geopolitical tensions in West Asia.

State-run oil marketing companies are implementing these phased increases to offset persistent revenue losses, as global crude oil prices remain elevated above $100 per barrel.

With this latest adjustment, the retail price of petrol in New Delhi has climbed to Rs 102.12 per litre, while diesel now stands at Rs 95.20 per litre.

The price spike persists as global crude rates remain high due to Middle East tensions and fears of supply shortages following Iran's closure of the Strait of Hormuz in response to US-Israeli airstrikes.

Hike in metropolitan cities

As of May 25, 2026, fuel prices have surged across the four major metropolitan cities, with petrol and diesel seeing significant upward revisions. 

Delhi: In Delhi, the retail selling price of petrol has increased by Rs 2.61 to reach Rs 102.12 per litre, while diesel has risen by Rs 2.71 to Rs 95.20 per litre. 

Kolkata: In Kolkata, petrol now costs Rs 113.51 per litre following a hike of Rs 2.87, and diesel prices have climbed by Rs 2.80 to Rs 99.82 per litre. 

Mumbai: The finacial capital saw petrol prices rise by Rs 2.72 to Rs 111.21 per litre, with diesel increasing by Rs 2.81 to hit Rs 97.83 per litre. 

Chennai: Meanwhile, in Chennai, petrol is retailing at Rs 107.77 per litre after a Rs 2..46 hike, and diesel prices have gone up by Rs 2.57 to reach Rs 99.55 per litre.

What buyers said

Reacting to the repeated hikes, a buyer said, "We are very upset. They are not even giving diesel in many places. This should be discussed. Taxi drivers will face more problems. The rate of diesel should be decreased."

Another buyer said, "It is fine. The government should do whatever is required to save the country. It is because of Israel war."

A third commuter added, "It is tough for the common man. This impacts everything. We will see what the government can do regarding this."

Notably, the latest revision comes after three successive hikes in recent days. On May 15, petrol and diesel prices were increased by Rs 3 per litre each. This was followed by another increase on May 19, when fuel prices were raised by 90 paise per litre. On May 23, petrol prices rose by 87 paise per litre, while diesel prices were increased by 91 paise per litre, making the current revision the fourth hike in less than two weeks.

CNG Prices

Meanwhile, Compressed Natural Gas (CNG) prices in Delhi were also increased earlier on Saturday by Rs 1 per kg, marking the third hike in just 10 days. Following the latest revision, CNG now costs Rs 81.09 per kg in the national capital, further adding to the financial burden on daily commuters and transport operators.

The repeated fuel price hikes come amid sustained pressure on oil marketing companies due to elevated global crude oil prices, fluctuations in currency exchange rates and concerns over supply disruptions linked to the ongoing tensions in West Asia.

A major concern remains the instability in the region and its impact on global oil supply routes, particularly the Strait of Hormuz, a key maritime corridor through which a substantial share of global crude oil shipments pass. Any disruption or perceived threat in the region generally leads to a sharp rise in international oil prices.

The continued hikes in petrol, diesel and CNG prices are likely to increase logistics and transportation costs further, potentially triggering a cascading effect on retail inflation and impacting household budgets as well as commercial transport sectors across the country.