Petrol and diesel prices have been increased by around 90 paise per litre today. As per state-run Indian Oil, petrol prices in the National Capital increased to Rs 98.64 per litre from Rs 97.77 earlier, while diesel prices rose to Rs 91.58 per litre from Rs 90.67. Rates were increased in Mumbai, Kolkata and Chennai.
- Petrol rate in Kolkata has gone up to Rs 109.70/ litre
- Diesel costs Rs 94/ litre in both Kolkata and Mumbai
Last Friday, the government raised petrol and diesel prices by over Rs 3 per litre, the first hike in four years, to offset losses caused by rising global crude oil prices amid the US-Iran war.
Petrol and diesel prices on May 19
Current petrol rates | |||
| New price (Rs litre) | Old price (Rs litre) | Difference (paise litre) | |
| Delhi | 98.64 | 97.77 | 87 |
| Mumbai | 107.59 | 106.68 | 91 |
| Chennai | 104.49 | 103.67 | 82 |
| Kolkata | 109.70 | 108.74 | 96 |
Petrol prices have risen by less than Rs 1 per litre across all four cities, with the sharpest increase in Kolkata at 96 paise. Mumbai follows closely with a 91-paise hike, while Delhi is up by 0.87 paise. Chennai has seen the smallest increase, at 0.82 paise per litre. Kolkata remains the most expensive among these four cities, while Delhi continues to be the cheapest.
Current diesel rates | |||
| New price (Rs litre) | Old price (Rs litre) | Difference (paise litre) | |
| Delhi | 91.58 | 90.67 | 91 |
| Mumbai | 94.08 | 93.14 | 94 |
| Chennai | 96.11 | 95.25 | 86 |
| Kolkata | 96.07 | 95.13 | 94 |
Mumbai and Kolkata have recorded the highest increase at 94 paise per litre each, followed by Delhi at 91 paise. Chennai has seen the smallest hike, at 86 paise per litre. In terms of overall pricing, Chennai continues to have the highest diesel rate among the four cities, while Delhi remains the cheapest.
CNG price on May 19
Current CNG rates* | |
| Price (Rs kg) | |
| Delhi | 80.09 |
| Noida/ Greater Noida | 88.70 |
| Ghaziabad | 88.70 |
| Gurugram | 85.12 |
| Meerut | 88.58 |
| Karnal | 84.43 |
| Rewari | 84.70 |
| Kaithal | 85.43 |
| Hapur | 89.70 |
| Ajmer | 89.44 |
| Kanpur | 91.42 |
*Indraprastha Gas Limited (IGL) prices.
At the time of writing, CNG prices have been steady since their last hike on May 17. Depending on the region, per kg CNG rates at IGL stations are between Rs 80.09 and Rs 91.42.
On Monday, Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas, said the May 15 hike had reduced losses by a quarter, but oil companies were still losing about Rs 750 crore a day. Research firm Crisil estimates that after the May 15 hike, losses stood at around Rs 10 per litre on petrol and Rs 13 per litre on diesel.
Speaking on fuel stock in India, Minister of Petroleum and Natural Gas Hardeep Singh Puri said earlier that there was no shortage of petrol or diesel at the fuel stations. He also stated that India expanded crude oil sourcing from 27 countries to 41 in order to ensure uninterrupted supplies from routes unimpacted by the geopolitical situation.
