Indian consumers will pay more at the pump from Friday (May 15), with petrol and diesel prices raised by Rs 3 per litre nationwide. In Delhi, petrol now costs Rs 97.77 per litre, up from Rs 94.77, while diesel has risen from Rs 87.67 to Rs 90.67 per litre.
The hike comes one day after the Government of India stated that the country had ample stocks of petrol, diesel, LPG, and natural gas.
Why Prices Are Rising
India imports a large share of its crude oil requirements, making domestic fuel prices directly sensitive to international crude movements, shipping disruptions, and refining costs. Ongoing geopolitical tensions around West Asia and the Strait of Hormuz have disrupted supply chains and pushed import costs higher, prompting oil marketing companies to revise prices upward.
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City-Wise Fuel Prices From May 15
Delhi: Petrol Rs 97.77/litre (up from Rs 94.77) | Diesel Rs 90.67/litre (up from Rs 87.67)
Mumbai: Petrol Rs 106.68/litre (up from Rs 103.54) | Diesel Rs 93.14/litre (up from Rs 90.03)
Bengaluru: Petrol Rs 106.21/litre (up from Rs 102.96) | Diesel Rs 94.10/litre (up from Rs 90.99)
Gurgaon: Petrol Rs 98.47/litre (up from Rs 95.30) | Diesel Rs 90.94/litre (up from Rs 87.77)
Chandigarh: Petrol Rs 97.27/litre (up from Rs 94.30) | Diesel Rs 85.25/litre (up from Rs 82.45)
Lucknow: Petrol Rs 97.55/litre (up from Rs 94.73) | Diesel Rs 90.82/litre (up from Rs 87.86)
Chennai: Petrol Rs 103.67/litre (up from Rs 100.80) | Diesel Rs 95.25/litre (up from Rs 92.39)
Hyderabad: Petrol Rs 110.89/litre (up from Rs 107.50) | Diesel Rs 98.96/litre (up from Rs 95.70)
Government: Stocks Are Adequate
Addressing a press briefing on Friday, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) at the Ministry of Petroleum and Natural Gas, said the situation remains under control despite 75 days of supply disruption. “Around 75 days have passed since the West Asia crisis began, and due to this, our crude oil, LPG, and LNG imports have been affected. However, the Indian government has taken several effective steps, because of which adequate stocks of petrol, diesel, LPG and natural gas are available in the country,” she said.
Ministry officials added that refineries are running at optimum capacity and domestic LPG production has been scaled up to offset the impact of global supply uncertainty.
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