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Petrol Prices

OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses

Petrol now costs ₹97.77 per litre in Delhi, up from ₹94.77 a litre earlier, while diesel prices have been raised to ₹90.67 per litre

OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses
Updated On : 16 May 2026 | 12:15 AM IST

Voluntary consumption cuts better than sharp fuel price hikes: Officials

India is relying on voluntary fuel conservation and restrained price hikes to shield consumers from the impact of the ongoing West Asia energy shock

Voluntary consumption cuts better than sharp fuel price hikes: Officials
Updated On : 15 May 2026 | 10:52 PM IST

Opposition attacks govt on fuel price hike, says it will cause inflation

Opposition parties slammed the Centre over the fuel price hike, warning of rising inflation and economic distress amid surging global crude oil prices

Opposition attacks govt on fuel price hike, says it will cause inflation
Updated On : 15 May 2026 | 10:43 PM IST

First of a few fuel price hikes; markets to remain rangebound, say analysts

The upward revision in prices for both fuels, said Jyotivardhan Jaipuria, founder and managing director at Valentis Advisors, was already expected though the quantum of ₹3 per litre seems too less.

First of a few fuel price hikes; markets to remain rangebound, say analysts
Updated On : 15 May 2026 | 7:15 PM IST

Market Close: Sensex falls 161 pts, Nifty ends at 23,644 as Rupee breaches 96/$, Brent near $110

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.45 per cent and 0.61 per cent down, respectively

Market Close: Sensex falls 161 pts, Nifty ends at 23,644 as Rupee breaches 96/$, Brent near $110
Updated On : 15 May 2026 | 4:01 PM IST

'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'

Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee

'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'
Updated On : 15 May 2026 | 2:32 PM IST

'Further fuel price hikes may intensify FPI selling in Indian markets'

Elevated crude oil prices further worsen India's inflation-growth trade-off by putting pressure on the rupee, widening the current account deficit, & limiting the scope for aggressive monetary easing

'Further fuel price hikes may intensify FPI selling in Indian markets'
Updated On : 15 May 2026 | 2:31 PM IST

Fuel hike: 'Consumption may soften, but a full demand collapse is unlikely'

India usually feels a domestic fuel shock in three stages: Inflation, sentiment hit, and pressure on discretionary consumption

Fuel hike: 'Consumption may soften, but a full demand collapse is unlikely'
Updated On : 15 May 2026 | 1:08 PM IST

How to trade BPCL, IOC, HPCL post fuel price hike? Angel One answers

Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.

How to trade BPCL, IOC, HPCL post fuel price hike? Angel One answers
Updated On : 15 May 2026 | 12:00 PM IST

Fuel price hike may push inflation to 5% in FY27, lift bond yields further

India's ₹3 fuel price hike could raise CPI inflation, pressure the rupee, widen the fiscal deficit and force a more hawkish RBI stance amid elevated crude oil prices

Fuel price hike may push inflation to 5% in FY27, lift bond yields further
Updated On : 15 May 2026 | 11:55 AM IST

'Fuel price hike pressures India's macro stability, further dents FII mood'

If fuel inflation remains elevated for an extended period, FIIs may prefer safer assets or other markets with relatively stable macroeconomic conditions.

'Fuel price hike pressures India's macro stability, further dents FII mood'
Updated On : 15 May 2026 | 11:48 AM IST

From crude to pump: How petrol is priced in India and who gets what share

Petrol and diesel prices are rising again amid the West Asia crisis. Here's how fuel prices are calculated in India and who earns what from every litre sold at the pump

From crude to pump: How petrol is priced in India and who gets what share
Updated On : 15 May 2026 | 11:30 AM IST

Fuel price hike may push back the consumption story amid higher inflation

Slowdown in consumption will come in the way of private investment, which can now turn further cautious on taking such decisions.

Fuel price hike may push back the consumption story amid higher inflation
Updated On : 15 May 2026 | 11:20 AM IST

Mild fuel price hike may not significantly upend household budget

We estimate the direct impact of this hike at around 8bps uptick each in the CPI inflation prints for May 2026 and June 2026, along with a mild indirect impact to the tune of around 10 bps, Nayar said

Mild fuel price hike may not significantly upend household budget
Updated On : 15 May 2026 | 10:58 AM IST

Fuel price hike shows global oil stress; Rupee seen in ₹96-98 range in FY27

India raised petrol and diesel prices for the first time since 2022 as global crude prices stayed elevated. Here's how the government, OMCs and consumers are sharing the oil shock

Fuel price hike shows global oil stress; Rupee seen in ₹96-98 range in FY27
Updated On : 15 May 2026 | 9:11 AM IST

After Mumbai, CNG prices hiked in Delhi by ₹2 amid fuel supply concerns

CNG in the national capital will now cost ₹79.09 per kg, up from ₹77.09, while in Mumbai, the fuel is now priced at ₹84 per kg

After Mumbai, CNG prices hiked in Delhi by ₹2 amid fuel supply concerns
Updated On : 15 May 2026 | 8:23 AM IST

OMCs hike petrol, diesel prices in four metros amid West Asia crisis

Petrol in the national capital will now cost ₹97.77 per litre, up from ₹94.77, while diesel will be priced at ₹90.67 per litre, compared with ₹87.67 earlier

OMCs hike petrol, diesel prices in four metros amid West Asia crisis
Updated On : 15 May 2026 | 7:51 AM IST

No shortage, yet long queues at fuel pumps; Odisha, Jharkhand see curbs

Long queues, rationed sales and delayed tanker loading across Odisha raise questions over fuel supply management amid the West Asia crisis

No shortage, yet long queues at fuel pumps; Odisha, Jharkhand see curbs
Updated On : 14 May 2026 | 10:48 PM IST

OMCs bleed ₹30,000 crore a month: How long can India hold down fuel prices?

India is shielding consumers from rising global oil prices, but OMC losses are surging. How long can fuel prices stay frozen before fiscal pressure forces tough decisions?

OMCs bleed ₹30,000 crore a month: How long can India hold down fuel prices?
Updated On : 13 May 2026 | 12:46 PM IST

PM Modi has held up a mirror to the country: Nilesh Shah, Kotak AMC

At the moment, markets are driven far more by global developments than domestic factors, Shah said. The biggest concern globally, he feels, is energy supply and energy prices.

PM Modi has held up a mirror to the country: Nilesh Shah, Kotak AMC
Updated On : 12 May 2026 | 12:02 PM IST