Petrol and diesel become costlier by ₹3 per litre

CNG becomes costlier by ₹2 per kilogram

(CNG stands for Compressed Natural Gas)

New Delhi – Just a few days after Narendra Modi appealed to citizens to cut short the use of petrol and diesel, the prices of both fuels have been increased by ₹3 per litre each. The new rates have come into effect from 15^th May. This is the first increase in approximately two years. Petrol in Delhi will now cost ₹97.77 per litre, while diesel will cost ₹90.67 per litre. At the same time, the price of CNG has also been increased by ₹2 per kilogram.

🚨 Fuel Prices Hike – Are We Prepared for the Future?

⛽Petrol & Diesel: Up by ₹3/liter 📈

CNG: Up by ₹2/kg 💨

The Cause: Oil companies face a massive loss of ₹30,000 crores/month. 💸

⚠️ A Wake-Up Call:

With global uncertainties rising, the upcoming times of crisis could… pic.twitter.com/Xuoy8inWzm

— Sanatan Prabhat (@SanatanPrabhat) May 15, 2026

This increase has been attributed to fluctuations in crude oil prices in the international market. Before the outbreak of the war between Iran and America, crude oil prices were at $70 per barrel (a barrel containing 159 litres), which have now risen beyond $100 per barrel.

Oil companies were suffering losses of ₹30,000 crore per month!

According to the Government, public sector companies such as Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum were operating at a loss due to increased crude oil prices in the international market. According to Sujata Sharma, Joint Secretary of the Petroleum Ministry, these companies were suffering losses of approximately ₹30,000 crore per month on the sale of petrol, diesel and LPG.

Editorial Perspective

There is no certainty whether petrol, diesel and other fuels will even be available during the emergency situations that may arise in the future. Therefore, the situation is such that people may have to feel grateful that fuel is available at all for now!