Petrol and diesel prices in India were increased for the second time within a week on May 19, 2026, due to rising global crude oil prices and disruptions in international oil supply routes.
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- Petrol and diesel prices were increased by around 90 paise per litre across major cities.
- This is the second fuel price hike within a week after a ₹3 per litre increase on Friday.
- In New Delhi, petrol price rose to ₹98.64 per litre while diesel reached ₹91.58 per litre.
- In Mumbai, petrol touched ₹107.59 per litre and diesel ₹94.08 per litre.
- Kolkata recorded the highest petrol hike, reaching ₹109.70 per litre.
- In Chennai, petrol price increased to ₹104.49 per litre.
- Government had earlier raised fuel prices after nearly four years to offset oil company losses.
- Global crude oil prices surged above $120 per barrel due to West Asia tensions.
- Disruptions near the Strait of Hormuz affected global oil supply and shipping routes.
- India is among the world’s largest oil importers and remains highly dependent on imported crude oil.
- State-run companies like Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation revise prices together.
- Fuel price hikes may increase transportation costs and overall inflation in the economy.




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