Fuel prices across India have been revised once again, with petrol and diesel becoming more expensive by up to Rs. 3 per litre. The new prices came into effect on 15 May, 2026, and apply across major metro cities including Mumbai, Delhi, Kolkata, and Chennai. Along with conventional fuels, CNG prices have also gone up by as much as Rs. 2 per kg in select cities.
The latest increase comes at a time when global crude oil prices continue to remain under pressure. Reports suggest that oil marketing companies have been facing significant losses due to rising international fuel costs and tighter energy supplies. The ongoing conflict in West Asia is also said to have impacted global oil availability, leading to higher import costs for India.
Among the four metro cities, Mumbai continues to record one of the highest petrol prices at Rs. 106.68 per litre, up from Rs. 103.54. Kolkata follows with petrol now priced at Rs. 108.74 per litre compared to the earlier Rs. 105.45. In Delhi, petrol has increased from Rs. 94.77 to Rs. 97.77 per litre, while Chennai now sees petrol retailing at Rs. 103.67 per litre.
Petrol Prices in India (15 May, 2026)
City | New Price (Rs./Litre) | Old Price (Rs./Litre) |
|---|---|---|
Mumbai | 106.68 | 103.54 |
Delhi | 97.77 | 94.77 |
Kolkata | 108.74 | 105.45 |
Chennai | 103.67 | 100.84 |
Diesel prices have also witnessed a similar hike across all major cities. Mumbai’s diesel price now stands at Rs. 93.28 per litre, compared to Rs. 90.03 earlier. Delhi’s diesel price has gone up to Rs. 90.67 per litre, while Kolkata and Chennai now retail diesel at Rs. 95.13 and Rs. 95.25 per litre respectively.
Diesel Prices in India (15 May, 2026)
City | New Price (Rs./Litre) | Old Price (Rs./Litre) |
|---|---|---|
Mumbai | 93.28 | 90.03 |
Delhi | 90.67 | 87.67 |
Kolkata | 95.13 | 92.02 |
Chennai | 95.25 | 92.39 |
CNG prices have also been revised upward by up to Rs. 2 per kg in select cities.
CNG Prices in India (15 May, 2026)
City | New Price (Rs./Kg) | Old Price (Rs./Kg) |
|---|---|---|
Mumbai | 84.00 | 82.00 |
Delhi | 79.09 | 77.09 |
Chennai | 91.05 | 89.05 |
Kolkata | 93.50 | 91.50 |
The latest fuel price revision is expected to impact daily commuting costs as well as transportation expenses across sectors. Higher fuel prices often lead to increased logistics costs, which can eventually influence prices of goods and services in the market.
While there has been no official indication about future revisions, fuel prices are likely to remain sensitive to global crude oil trends and geopolitical developments over the coming months.
