Fuel Prices Rise For Second Time In A Week: Petrol Crosses Rs 112 In Hyderabad

Oil Corporations have once again increased petrol and diesel prices across India, marking the second fuel price hike within a week. Petrol prices have been increased by 87 paise per litre, while diesel prices have gone up by 91 paise per litre.

Fuel Prices Rise For Second Time

India is one of the world's largest importers of crude oil, and the ongoing Middle East crisis has made global oil prices highly volatile. Rising crude oil prices continue to put pressure on the Indian economy, leading to higher fuel costs across the country.

The weakening Indian rupee against the US dollar has also contributed to the increase in fuel prices, as crude oil imports become more expensive. In addition, central and state government taxes continue to play a major role in determining the final retail prices of petrol and diesel.

Petrol and Diesel Prices May 24, 2026

Cities	Petrol Price	Diesel Price
Delhi	99.51 rupees	92.49 rupees
Mumbai	108.49 rupees	95.02 rupees
Bengaluru	108.09 rupees	95.99 rupees
Hyderabad	112.85 rupees	100.94 rupees
Chennai	105.27 rupees	96.98 rupees

Fuel prices remain significantly high across major Indian cities. In Delhi, petrol is currently priced at Rs 99.51 per litre, while diesel costs Rs 92.49 per litre. Mumbai continues to have some of the highest fuel prices among metro cities, with petrol retailing at Rs 108.49 per litre and diesel at Rs 95.02 per litre.

In Bengaluru, petrol is being sold at Rs 108.09 per litre, while diesel is priced at Rs 95.99 per litre. Hyderabad remains one of the costliest cities for fuel, where petrol prices have reached Rs 112.85 per litre and diesel prices stand at Rs 100.94 per litre. Meanwhile, in Chennai, petrol is currently priced at Rs 105.27 per litre, while diesel costs Rs 96.98 per litre.

The continuous increase in fuel prices is expected to impact transportation costs, logistics, and daily commuting expenses, which could further affect inflation and household budgets across the country. Industry experts believe that fuel prices may remain volatile in the coming weeks due to geopolitical tensions, fluctuations in global crude oil prices, and currency exchange movements.