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 also increased in Mumbai, Kolkata and Chennai.
- Petrol rate in Kolkata has gone up to Rs 109.70/litre
- Diesel costs Rs 96.11/litre in Chennai
Notably, this is the second hike in just four days. On Friday, May 15, the government hiked petrol and diesel prices by over Rs 3 per litre to offset losses caused by rising global crude oil prices amid the US-Iran war.
Petrol and diesel prices on May 19
The sharpest increase of 96 paise was seen in Kolkata. Mumbai follows closely with a 91-paise hike, while Delhi is up by 87 paise. Chennai has seen the smallest increase, at 82 paise. Among these four cities, petrol prices are the highest in Kolkata, while Delhi is the cheapest.
Mumbai and Kolkata have recorded the highest diesel price increase at 94 paise per litre each, followed by Delhi at 91 paise. Chennai witnessed 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 prices on May 19
*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.





















