Fuel prices were hiked across India for the fourth time, with Mumbai seeing petrol rise to Rs 111.21 per litre and diesel to Rs 97.83. The increase comes amid surging global crude oil prices, tighter refining margins and a weaker rupee, pushing import costs higher nationwide (Pics/Ashish Raje)
Updated On: 2026-05-25 07:49 PM IST
Compiled by : Tarun Verma
Mumbai continued to record some of the highest fuel prices among major cities. Petrol prices in the financial capital increased by Rs 2.72 per litre to Rs 111.21 per litre, while diesel prices rose by Rs 2.81 to Rs 97.83 per litre
The last time petrol prices in the capital crossed Rs 100 per litre was on May 21, 2022, when rates stood at Rs 105.41 per litre
The latest increase comes just two days after fuel prices were revised upward on Saturday, when petrol prices rose by 87 paise per litre and diesel by 91 paise per litre
The back-to-back increases come amid elevated crude oil prices in global markets, tighter refining margins, and a weaker rupee, all of which have sharply increased import costs
The reason for rising fuel prices is the increase of global crude oil prices that have surged more than 50 per cent since late February, following the US-Israel conflict
