--- title: "India hikes petrol and diesel prices by about 3 rupees/litre, retailers say" type: "News" locale: "en" url: "https://longbridge.com/en/news/286498965.md" description: "India has increased petrol and diesel prices by approximately 3 rupees ($0.03) per litre for the first time in four years, as reported by retailers in Delhi. This move aims to recover losses from rising global oil prices. A litre of diesel will now cost 90.67 rupees and petrol 97.77 rupees. Major state-run companies control over 90% of the fuel stations and typically adjust prices together." datetime: "2026-05-15T02:53:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286498965.md) - [en](https://longbridge.com/en/news/286498965.md) - [zh-HK](https://longbridge.com/zh-HK/news/286498965.md) --- # India hikes petrol and diesel prices by about 3 rupees/litre, retailers say May 15 (Reuters) - India has raised petrol and diesel prices for the first time in four years by about 3 rupees ($0.03) per litre, according to retailers in Delhi on Friday, as the country aims to recoup some of the losses incurred due to higher global oil prices. Global oil prices spiked at more than $120 per barrel, before pulling back to around $100 to $105 a barrel following the near-closure ### Related Stocks - [INDY.US](https://longbridge.com/en/quote/INDY.US.md) ## Related News & Research - [India's peak power demand crosses projected 270 GW amid heatwave](https://longbridge.com/en/news/287231998.md) - [OMCs raise petrol, diesel price by 90 paise per litre, 2nd hike in a week](https://longbridge.com/en/news/286929674.md) - [Govt says ₹3 fuel hike trims OMC losses to ₹750 cr/day, but relief limited](https://longbridge.com/en/news/287028020.md) - [Indonesia distributed over a third of annual 90-octane gasoline quota by May 17, regulator says](https://longbridge.com/en/news/286877912.md) - [The Best Way to Burn 100 Gallons of Gasoline Fast](https://longbridge.com/en/news/287087595.md)