Petrol, Diesel Prices Today: Fuel Prices Increased by 90 Paise Per Litre on May 19, 2026

As per PTI news report, On May 19, petrol and diesel prices were increased by 90 paise per litre across India.  

This marks the second increase in less than a week, following a ₹3 per litre hike implemented last Friday. The price adjustments come as oil marketing companies respond to rising brent crude prices, influenced by geopolitical tensions. 

Current Fuel Prices in Major Indian Cities 

In Delhi, petrol now costs ₹98.64 per litre, while diesel is priced at ₹91.58 per litre. Mumbai sees petrol at ₹107.59 per litre and diesel at ₹94.08 per litre.  

Other cities like Kolkata and Chennai have also experienced similar increases, with petrol priced at ₹109.70 and ₹104.46 per litre, respectively, and diesel at ₹96.07 and ₹96.11 per litre. 

Factors Influencing Fuel Price Hikes 

The recent price hikes are primarily driven by the surge in global crude oil prices. The US-Iran conflict has led to a significant rally in brent crude, which has increased by over 50% since late February.  

Additionally, the rupee-dollar exchange rate and local taxes like central excise duty and state-level VAT also impact fuel prices. 

Read More: Indian Government Imposes Special Additional Excise Duty of ₹3 Per Litre on Petrol Exports! 

Global Oil Market Dynamics 

Global oil prices saw a decline after US President Donald Trump called off a planned military strike on Iran.  

This move raised hopes for renewed negotiations, potentially easing tensions in the Middle East. Brent crude fell below $110 per barrel, while West Texas Intermediate traded below $103. 

Conclusion 

The increase in petrol and diesel prices across India on May 19 reflects the impact of rising global crude oil prices and geopolitical tensions. As oil marketing companies adjust prices, consumers across the country are experiencing the effects of these market dynamics. 

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