Petrol, Diesel Prices Hiked By Rs 3 Per Litre Across India; Pune Rate Nears ₹107
Petrol, Diesel Prices Hiked By Rs 3 Per Litre Across India; Pune Rate Nears ₹107
Pune, May 15, 2026: Fuel prices in Pune have been increased from today, with petrol, diesel, and premium petrol variants witnessing a hike of more than ₹3 per litre. The revised rates were confirmed by the Pune Petrol Dealers Association.
As per the new rates, petrol prices have gone up by ₹3.16 per litre, while diesel has become costlier by ₹3.10 per litre. Indian Oil Corporation’s premium petrol variant XP95 has also seen an increase of ₹3.14 per litre.
The revised fuel prices are applicable across major oil marketing companies, including Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL).
Following the latest revision, petrol in Delhi is now priced at Rs 97.77 per litre, while diesel has gone up to Rs 90.67 per litre. The hike comes after months of relatively stable fuel prices and reflects increasing pressure on India’s energy market due to international oil volatility.
Revised Fuel Prices In Major Cities
Petrol Prices
- Delhi: Rs 97.77 (+Rs 3.00)
- Kolkata: Rs 108.74 (+Rs 3.29)
- Mumbai: Rs 106.68 (+Rs 3.14)
- Chennai: Rs 103.67 (+Rs 2.83)
Diesel Prices
- Delhi: Rs 90.67 (+Rs 3.00)
- Kolkata: Rs 95.13 (+Rs 3.11)
- Mumbai: Rs 93.14 (+Rs 3.11)
- Chennai: Rs 95.25 (+Rs 2.86)
The sharp increase in fuel prices triggered panic buying at several petrol pumps even before the official announcement, with long queues reported from multiple states.
Officials said the surge in international crude oil prices, coupled with supply concerns due to the escalating West Asia conflict, forced oil companies to pass part of the burden on to consumers.
India imports a major portion of its crude oil requirement, making domestic fuel prices highly sensitive to global market fluctuations, shipping disruptions, and refinery costs. Concerns over instability around key oil supply routes, especially near the Persian Gulf region, have further intensified pressure on fuel markets.
The latest hike is expected to impact transportation costs and could lead to a rise in prices of essential commodities in the coming weeks.
