economictimes.indiatimes.com ·
fuel price hike petrol diesel rates raised by up to rs 3
The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedIndia-specific fuel price hike driven by rising international energy costs and high domestic inflation. Channel: input_cost pass-through from global crude to retail fuel. Affects Indian OMCs' margins (losses of ~Rs 10bn/day) and consumer inflation. Global crude price impact is indirect via India's import demand.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Petrol and diesel prices in India raised by up to Rs 3 per litre on May 15, 2026.
- Petrol in Delhi now Rs 97.77/litre; diesel Rs 90.67/litre.
- Kolkata saw highest petrol increase of Rs 3.29 to Rs 108.74/litre.
- Petrol inflation at 32.4% and diesel inflation at 25.19% in April.
- State-run oil companies losing nearly Rs 10 billion daily due to price adjustments.
INR may depreciate 1-2% over 2-4 weeks due to persistent inflation and OMC losses.
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Sector impact at a glance
- EM_MARKETSmid
- EM_MARKETSshort
- OIL_GAS_UPSTREAMmid
- REFININGmid
- REFININGshort