New Delhi, May 19 (Udaipur Kiran) — Consumers received another inflation shock on Monday as petrol and diesel prices were increased for the second time in five days, while LPG cylinder rates remained unchanged.
State-run oil marketing companies including Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum released fresh fuel prices at 6 am.
In Delhi, petrol prices increased by Rs 0.87 per litre to Rs 98.64, while diesel became costlier by Rs 0.91 and reached Rs 91.58 per litre.
In Kolkata, petrol is now priced at Rs 109.70 per litre and diesel at Rs 96.07. In Chennai, petrol rates stood at Rs 104.49 per litre and diesel at Rs 96.11 per litre from May 19.
Fuel and LPG Rates in Major Cities
Delhi
- Petrol: Rs 98.64 per litre
- Diesel: Rs 91.36 per litre
- Domestic LPG Cylinder (14.2 kg): Rs 913
- Commercial LPG Cylinder (19 kg): Rs 3,071.50
- 5 kg Cylinder: Rs 339
Lucknow
- Petrol: Rs 98.42
- Diesel: Rs 91.73
- Domestic LPG: Rs 950.50
- Commercial LPG: Rs 3,194
- 5 kg Cylinder: Rs 352.50
Kolkata
- Petrol: Rs 109.70
- Diesel: Rs 96.07
- Domestic LPG: Rs 939
- Commercial LPG: Rs 3,202
- 5 kg Cylinder: Rs 348
Patna
- Petrol: Rs 109.54
- Diesel: Rs 95.58
- Domestic LPG: Rs 1,002.50
- Commercial LPG: Rs 3,346.50
- 5 kg Cylinder: Rs 371.50
Jaipur
- Petrol: Rs 108.94
- Diesel: Rs 94.14
- Domestic LPG: Rs 916.50
- Commercial LPG: Rs 3,099
- 5 kg Cylinder: Rs 341.50
Bengaluru
- Petrol: Rs 107.14
- Diesel: Rs 95.04
- Domestic LPG: Rs 915.50
- Commercial LPG: Rs 3,152
- 5 kg Cylinder: Rs 340
Just five days ago, petrol and diesel prices had already been increased by Rs 3 per litre. Reports indicate that daily losses of oil companies, which earlier stood at around Rs 1,000 crore, have now reduced to nearly Rs 750 crore per day. However, pressure continues due to high international crude oil prices and the weakening rupee.
According to estimates by CRISIL, after relief in excise duty and the latest fuel hike, losses have reduced to nearly Rs 10 per litre on petrol and Rs 13 per litre on diesel. Despite this, total losses since the beginning of the conflict period are expected to cross Rs 1 lakh crore by the end of May.
Joint Secretary in the Petroleum Ministry Sujata Sharma said the government is currently not considering any subsidy package for oil companies. She stated that companies are still selling petrol, diesel, and LPG below cost price.
Global crude prices have remained under pressure following the conflict involving the United States, Israel, and Iran, which affected international oil supply. The government had maintained stable domestic fuel prices for a long period, but eventually increased petrol and diesel rates by Rs 3 per litre on May 15. Monday’s increase marks the second fuel price hike within five days.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
