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Petrol, diesel costlier by 90p, 2nd hike in less than a week

Financial Express Ahmedabad

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May 20, 2026

PETROL AND DIESEL prices were raised again on Tuesday — the second increase in less than a week — as state-run oil marketing companies (OMCs) continued efforts to reduce mounting under-recoveries triggered by elevated crude oil prices, higher freight costs and rupee depreciation amid the Iran conflict.

- SAURAV ANAND

The prices for both were raised by about 90 paise per litre, taking the cumulative increase over the last five days to nearly ₹4 per litre following the ₹3-per-litre hike announced on Friday—the first fuel price revision in more than four years. Petrol in Delhi now costs ₹98.64 per litre against ₹97.77 earlier, while diesel prices rose to ₹91.58 from ₹90.67 per litre. The latest increase comes even as state-run fue

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