25 May,2026 09:25 AM IST | New Delhi | mid-day online correspondent
Representational Image. Pic/Pexels
Petrol and diesel prices were increased again across the country on Monday, marking the fourth hike in fuel rates within two weeks amid rising global crude oil prices and geopolitical tensions in West Asia.
State-owned oil marketing companies raised petrol prices in Delhi by Rs 2.61 per litre and diesel prices by Rs 2.71 per litre. Following the latest revision, petrol in the national capital now costs Rs 102.12 per litre, while diesel is retailing at Rs 95.20 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 fresh revision has pushed petrol prices in Delhi above the Rs 100-per-litre mark for the first time in nearly four years.
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.
Officials and market analysts have linked the repeated hikes to continued volatility in global energy markets and elevated crude oil prices triggered by geopolitical tensions in West Asia.
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.
In Kolkata, petrol prices climbed by Rs 2.87 per litre to Rs 113.51 per litre, while diesel prices reached Rs 99.82 per litre after the latest hike.
Chennai also witnessed a fresh increase, with petrol now retailing at Rs 107.77 per litre and diesel at Rs 99.55 per litre.
In Bengaluru, petrol prices rose by around Rs 2.60 per litre to Rs 110.93 per litre, while diesel increased to Rs 98.80 per litre.
Hyderabad recorded some of the highest rates among major cities, with petrol priced at Rs 115.69 per litre and diesel at Rs 103.82 per litre.
The repeated increases in fuel prices are expected to affect transportation costs, logistics expenses and household budgets across the country.
Transport operators, businesses and daily commuters have already expressed concern over rising operating costs following multiple fuel price revisions within a short period.
Economists have warned that sustained increases in petrol and diesel rates may contribute to inflationary pressure by raising the cost of transporting goods and essential commodities.
Amid concerns over rising fuel prices and reports of temporary shortages at some outlets, the Ministry of Petroleum and Natural Gas recently assured citizens that petrol and diesel supplies remain adequate across the country.
The ministry stated that fuel availability is stable and urged people to avoid panic buying or unnecessary crowding at petrol pumps.