India’s state-run oil marketing companies have raised petrol and diesel prices four times since May 15, 2026, adding nearly \u20b97.5 per litre cumulatively. The first hike was a steep \u20b93 per litre, followed by two rounds of around 90 paise each, and now a fourth increase of \u20b92.61 for petrol and \u20b92.71 for diesel. In Delhi, petrol has crossed the \u20b9100 mark to reach \u20b9102.12 per litre, and diesel now costs \u20b995.20 per litre.<\/p>\n
The trigger is a sharp rise in global crude oil prices driven by the ongoing conflict in West Asia and disruptions to the Strait of Hormuz. Crude oil prices surged from around $69 per barrel in February 2026 to over $109 per barrel by late May, a jump of nearly 58%. India imports over 85% of its crude oil, so this global price shock hits domestic consumers directly and quickly.<\/p>\n
The ripple effects go well beyond the petrol pump. Transporters have introduced a Fuel Adjustment Factor, meaning freight charges rise by 0.65% for every Re 1 increase in diesel above the May 15 base rate. This means groceries, medicines, and everyday goods are likely to get costlier too, squeezing the budgets of daily wage earners, auto drivers, and middle-class households the hardest.<\/p>\n","protected":false},"excerpt":{"rendered":"
India’s state-run oil marketing companies have raised petrol and diesel prices four times since May 15, 2026, adding nearly \u20b97.5 per litre cumulatively. The first hike was a steep \u20b93 per litre, followed by two rounds of around 90 paise each, and now a fourth increase of \u20b92.61 for petrol and \u20b92.71 for diesel. In… Read More »Why Are Petrol and Diesel Prices Rising Every Few Days in India?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-4807","post","type-post","status-publish","format-standard","hentry","category-economy-2"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=4807"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4807\/revisions"}],"predecessor-version":[{"id":4808,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4807\/revisions\/4808"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=4807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=4807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=4807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}