Fuel Rates Surge Past ₹100 In All Four Metros As Cumulative Hike Nears ₹7.5 Per Litre Since Mid-May

Fuel Prices Under Pressure

Oil marketing companies resumed daily fuel price revisions on May 15 after a prolonged freeze in rates, triggering a steep and rapid climb in retail prices across India. The back-to-back hikes are being driven by a sharp rise in global crude oil prices and a weakening rupee, compounding pressure on both consumers and freight operators. The West Asia conflict and disruptions around the Strait of Hormuz one of the world's most critical oil shipping routes are cited as the primary global triggers.

City-Wise Rates As Of May 28

Here are the latest pump prices across major Indian cities:

1. Delhi — Petrol: ₹102.12/litre, Diesel: ₹95.20/litre
2. Mumbai — Petrol: ₹111.21/litre, Diesel: ₹97.83/litre
3. Kolkata — Petrol: ₹113.51/litre, Diesel: ₹99.82/litre
4. Bengaluru — Petrol: ₹110.91/litre, Diesel: ₹98.54/litre
5. Chennai — Petrol: ₹107.74/litre, Diesel: ₹99.55/litre
6. Hyderabad — Petrol: ₹115.73/litre, Diesel: ₹103.82/litre
7. Jaipur — Petrol: ₹113.35/litre, Diesel: ₹98.39/litre

The Steepest Increases

Hyderabad and Thiruvananthapuram recorded the highest petrol prices among all listed cities, at ₹115.73 and ₹115.49 per litre respectively. Jaipur witnessed the steepest single-hike jump in petrol, rising by ₹3.51 per litre in one revision alone. Diesel prices in Thiruvananthapuram have crossed the ₹104 mark, the highest in the country among tracked metros and tier-1 cities.

Key Highlights

1. Four petrol and diesel price hikes implemented since May 15, 2026
2. Cumulative increase nears ₹7.5/litre in under two weeks
3. Delhi petrol up ₹2.61 per litre in the last hike to ₹102.12; diesel up ₹2.71 to ₹95.20
4. Mumbai petrol climbed ₹2.72 to ₹111.21; diesel rose ₹2.81 to ₹97.83
5. Kolkata petrol hiked ₹2.87 to ₹113.51; diesel now at ₹99.82
6. Global crude oil surge and Strait of Hormuz supply disruptions are key drivers
7. No relief expected in the near term as crude remains elevated

Sources: Livemint, India Today, Hindustan Times, Times of India, MyPetrolPrice.com