May 15, 2026 13:06Here’s why experts anticipate more fuel rate walkings ahead
Why 3 fuel rate walking might be simply the starting
Fuel rates increase by 3 in India, triggering experts to anticipate additional walkings due to continuous financial pressures and international crude expenses.
< li data-timeline-filter="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T12:42:15.000+0530" data-event-uri="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352712" data-event-id="352712" id ="352712" itemprop="liveBlogUpdate" itemscope itemtype="https://schema.org/BlogPosting">< meta itemprop="datePublished" material="2026-05-15T12:42:15+05:30">< meta itemprop="dateModified" material="2026-05-15T12:42:15+05:30">May 15, 2026 12:42“Modi-nomics has failed”: Karnataka ITBT minister Priyank Kharge on fuel rate trek
Karnataka ITBT Minister Priyank Kharge on Friday introduced a sharp attack on the Centre over the economy, and current walkings in fuel costs, declaring that”Modi-nomics has actually stopped working.”
Criticising the Centre’s financial policies, Kharge informed ANI,”The Modi-nomics has actually stopped working. The diplomacy of India has actually stopped working. Mr Modi has actually been globe-trotting with no repercussion or advantage for the country.”
He even more declared that fuel cost walkings were intentionally kept throughout the election duration and revealed right away after the surveys concluded.”As quickly as the election was over, they were revealed. We understood it, and we have actually been stating it from Day 1. Rahul Gandhi had actually even raised this problem in Parliament and requested a conversation on the state of the economy, however Mr Modi kept stating whatever is great.
Is this the” pains din”they have guaranteed? And why is the federal government not informing individuals the real issue? Why are they concealing things from us?” he stated.
( ANI
May 15, 2026 12:41“Is this Modi’s government’s ‘achhe din’?”: CPI(M)’s Hannan Mollah concerns fuel rate trek
CPI(M)leader Hannan Mollah on Friday criticised the Centre over the current walking in gas and diesel rates, questioning the federal government’s pledge of”achhe din”as fuel costs were raised by Rs 3 per litre throughout the nation.
Responding to the modification, Mollah stated the scenario was not unexpected and took a swipe at the judgment federal government.
“Nothing is unexpected for anybody. Individuals did not anticipate achhe din to show up so quickly. They believed the due date would be 2047, however it has actually currently been available in 2026. Is this Modi Government’s achhe din?”he stated.
( ANI
May 15, 2026 12:34Fuel rate walking: Kerala hotel body sets June 1 due date for Centre to solve LPG crisis
The Kerala Hotel and Restaurant Association(KHRA)has actually alerted of strong demonstrations, consisting of a march to Parliament, if the Central federal government stops working to solve the LPG crisis by June 1.
The choice was taken at the State committee conference of the association, which likewise solved to approach the Union federal government as soon as again with its needs. KHRA State president G. Jayapal and basic secretary N. Abdul Razak declared that the Centre was neglecting the serious crisis dealt with by hotels and dining establishments.
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May 15, 2026 12:28“Gulf war affecting supplies, prices rising worldwide”: Bihar Deputy CM Vijay Kumar Chaudhary protects fuel cost trek
Bihar Deputy Chief Minister Vijay Kumar Chaudhary on Friday safeguarded the walking in fuel costs, mentioning raising petroleum rates and inflation around the world.
Today, Centre treked the rates of gas and diesel by Rs 3 per litre as the Brent unrefined cost hovers above USD 100 per barrel in the middle of the West Asia crisis.
Talking to ANIChaudhary declared that the continuous energy crisis will return to”typical”once the West Asia dispute ends.
Bihar Deputy CM stated,”Petroleum costs are increasing worldwide, and inflation is all over. The Gulf War is impacting the materials. This is a short-lived scenario. As Soon As the Gulf War ends, things will return to typical.”
Echoing a comparable belief, Uttar Pradesh Assembly Speaker Satish Mahana stated that the whole world is affected due to the continuous crisis. He admired Prime Minister Narendra Modi’s financial policies and backed the attract conserve fuel.
“The whole world is affected due to the continuous crisis, and the fuel rates have actually currently increased by double (in other nations). Our PM’s financial policies kept it in control. Now, individuals are comprehending this themselves. There is a desire to conserve fuel, utilize public transportation, prevent unneeded travel, and conserve foreign currency. Our nation did not see any scarcity of fuel till now, and I am positive that the nation will increase as soon as again under the management of our Prime Minister and end up being a motivation, “Mahana stated.
( ANI
< li data-timeline-filter ="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T12:14:26.000+0530" data-event-uri ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352697" data-event-id ="352697" id ="352697" itemprop ="liveBlogUpdate" itemscope itemtype ="https://schema.org/BlogPosting"> < meta itemprop ="datePublished" material ="2026-05-15T12:14:26+05:30"> < meta itemprop ="dateModified" material ="2026-05-15T12:14:26+05:30"> < meta itemprop ="url" material ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352697">May 15, 2026 12:14Fuel cost walking weighs on OMCs, paint stocks
Fuel cost walking weighs on OMCs, paint stocks
Shares of oil marketing business and paint producers decreased as much as 3 % in early trade on Friday after fuel and diesel costs were increased by Rs 3 per litre throughout the nation.
< li data-timeline-filter ="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T11:56:56.000+0530" data-event-uri ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352689" data-event-id ="352689" id ="352689" itemprop ="liveBlogUpdate" itemscope itemtype ="https://schema.org/BlogPosting"> < meta itemprop ="datePublished" material ="2026-05-15T11:56:56+05:30"> < meta itemprop ="dateModified" material ="2026-05-15T11:56:56+05:30"> < meta itemprop ="url" material ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352689">May 15, 2026 11:56CPI (M) leaders staged a demonstration versus the fuel and diesel cost walking in Vijayawada on Friday
< li data-timeline-filter ="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T11:54:24.000+0530" data-event-uri ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352686" data-event-id ="352686" id ="352686" itemprop ="liveBlogUpdate" itemscope itemtype ="https://schema.org/BlogPosting"> < meta itemprop ="datePublished" material ="2026-05-15T11:54:24+05:30"> < meta itemprop ="dateModified" material ="2026-05-15T11:54:24+05:30"> < meta itemprop ="url" material ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352686">May 15, 2026 11:54Gas, Diesel Hike: Bond market compromises as fuel rate walking moistens financier belief
Federal government bonds fell in early trade on Friday, as a domestic fuel cost walking revived inflation concerns and U.S. Treasury yields at 1 year highs dented the appeal of emerging-market financial obligation, moistening need ahead of fresh financial obligation supply.
The yield on the benchmark 6.48 % 2035 bond increased to 7.0591 % by 11:30 a.m. IST, compared to 7.0203 % on Thursday. Bond yields move inversely to rates.
Unrefined costs have actually acquired about 50 % because the war started. Criteria Brent unrefined futures were last up 1.23 % at $ 107.04 a barrel.
< li data-timeline-filter ="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T11:52:39.000+0530" data-event-uri ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352685" data-event-id ="352685" id ="352685" itemprop ="liveBlogUpdate" itemscope itemtype ="https://schema.org/BlogPosting"> < meta itemprop ="datePublished" material ="2026-05-15T11:52:39+05:30"> < meta itemprop ="dateModified" material ="2026-05-15T11:52:39+05:30"> < meta itemprop ="url" material ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352685">May 15, 2026 11:52“They kick you where it hurts”: TMC’s Derek O’Brien knocks fuel cost trek
Trinamool Congress (TMC) Rajya Sabha MP Derek O’Brien on Friday criticised the current walking in gas and diesel costs and questioned whether the freshly formed BJP federal government in West Bengal would now lower VAT on fuel.
In a post on X, the Trinamool Congress leader took a swipe at the Centre and the BJP federal government in the state over increasing fuel rates.
“First they loot your vote, then they kick you where it injures. Pathetically foreseeable. Diesel and gas costs treked,” O’Brien stated.
He even more questioned whether the West Bengal federal government would now lower VAT on fuel considering that, according to him, it was a “Delhi-controlled federal government” that would no longer deal with concerns associated with funds supposedly being obstructed by the Centre.
“Will Bengal Govt minimize VAT on gas & & diesel now that there’s a Delhi-controlled federal government which does not need to stress over funds being obstructed by Centre?” he asked.
(ANI)
< meta itemprop="dateModified" material ="2026-05-15T11:52:03+05:30">< meta itemprop="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352684">May 15, 2026 11:52Significant factor for recession in India is Modi govt’s management crisis: Kharge after fuel trek
Congress president Mallikarjun Kharge on Friday knocked the Modi federal government over the fuel rate walking, declaring a recession in the nation due to the federal government’s “management crisis, absence of vision and incompetence”.
In a post on X, he stated, this crisis is a government-made crisis, the repercussions of which individuals of the nation are substantiating of their own pockets on fuel, diesel, and LPG.
“The individuals of the nation should comprehend that, in addition to the global fuel crisis, the significant factor for the recession in India at this time is the Modi federal government’s management crisis, absence of vision, and widespread incompetence,”he declared.
Kharge stated when diesel rates increase, inflation has a cascading result throughout the nation, negatively impacting everybody– from markets to family spending plans and farmers.
“When the West Asia war broke out, the nation was informed that ‘all is well’, and the Congress celebration’s concerns were neglected.
No concrete actions were taken. Rather, our sovereignty was mortgaged for American ‘consent’.- PTI
< meta itemprop="datePublished" material ="2026-05-15T11:41:03+05:30">May 15, 2026 11:41Fuel cost trek a terrible betrayal to individuals: Former Keralam CM Pinarayi Vijayan
Previous Keralam Chief Minister and CPI(M )Polit Bureau member Pinarayi Vijayan on Friday highly criticised the Centre’s choice to increase fuel costs, explaining it as a”terrible betrayal of individuals”at a time when residents are currently fighting with increasing living expenses and inflation.
Today, the Centre treked the rates of fuel and diesel by Rs 3 per litre with Brent unrefined rate hovering above USD 100 per barrel amidst the West Asia crisis.
In a declaration from Vijayan’s workplace, the senior CPI( M)leader stated that the walking in gas and diesel rates would put an extra problem on common individuals who are dealing with extreme monetary pressure due to increasing costs of necessary products and everyday costs.
He declared that when worldwide petroleum rates had actually decreased, the Centre stopped working to hand down the advantage to the general public. Rather, the federal government has actually now increased gas and diesel rates by Rs 3 per litre each, pointing out losses dealt with by oil business.
The CPI(M) leader likewise criticised the Centre’s handling of cooking gas rates and supply, specifying that scarcities and duplicated cost walkings triggered by “problematic policies”had actually currently pressed individuals into challenge. Instead of providing relief, the federal government was enforcing additional monetary pressure on residents, he stated.
(ANI )
May 15, 2026 11:27Gas, diesel rate walking: OMCs, paint stocks slide
Shares of oil marketing business and paint makers decreased approximately 3 percent in early trade on Friday after fuel and diesel costs were increased by Rs 3 per litre throughout the nation.
The fuel cost walking, the very first in more than 4 years, in the middle of installing losses suffered by fuel merchants due to raised worldwide petroleum rates.
On the BSE, shares of Bharat Petroleum Corporation Ltd decreased 2.71 percent, Hindustan Petroleum Corporation Ltd dipped 2.39 percent, Indian Oil Corporation fell 1.85 percent.
The stock of paint producers, which utilize crude-linked derivatives as crucial basic materials, likewise traded lower. Indigo Paints decreased 1.36 percent, Asian Paints slipped 0.42 percent, and Berger Paints India fell 0.14 percent.
Experts stated the modest boost in retail fuel costs stopped working to completely balance out issues around raised crude expenses and put pressure on market margins.
Brent crude, the international oil criteria, increased 1.23 percent to USD 107.02 per barrel.
(With inputs from PTI
< meta itemprop="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352657">May 15, 2026 11:00“Very small rise in fuel price revision”: IOCL Director states business working round the clock to make sure complete capability schedule
Indian Oil Corporation Limited (IOCL)refineries are presently running at more than 100 percent capability to guarantee there is no scarcity of fuel at retail outlets following a limited increase in domestic fuel and diesel rates.
Discussing the walking in fuel rates, Arvind Kumar, Director( Refineries ), IOCL, informed ANI that amidst international pressures,”it is an extremely little increase.”
“It’s a really little increase, and you understand a great deal of pressure exists. I can inform you that Indian Oils Group business, 10 refineries are working round the clock and more than 100%capability so that there will be no crisis, no dry out at any of our retail outlets … let us come together to conserve fuel and in this emergency situation time and this important time,”Kumar stated.
(With inputs from ANI
May 15, 2026 10:57Punjab: AAP, Cong, SAD slam Centre over fuel trek
AAP, Congress and SAD on Friday assaulted the Centre over the fuel and diesel cost walking, stating it will provide a debilitating blow to the commoner and negatively effect farmers.[ 19659129]Punjab Finance Minister and senior AAP leader Harpal Singh Cheema stated the relocation revealed the judgment BJP’s”anti-farmer and anti-people face”.
“The main federal government increases gas and diesel costs
by Rs 3 per litre and after that offers a minimal MSP boost of simply Rs 72 per quintal on paddy. This is a direct attack on farmers’ earnings. By providing a token MSP walking and raising diesel costs the extremely next day, the BJP federal government has actually efficiently robbed farmers of their rightful payment,”he stated in a post on X.
< meta itemprop ="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352650">May 15, 2026 10:53India’s push for energy preservation is a rejection to be’obtained’ for Hormuz passage: govt sources
India’s domestic push for energy preservation is a rejection to be”obtained”and enable the Strait of Hormuz to be become a “personal toll passage”with needs as much as$2 million per trip being made, federal government sources have actually stated.
“The PM’s demand to lower fuel usage is an act of rejection to be obtained, showing that India does not work out from a position of worry,”a federal government source near the advancement stated.
Informal costs of as much as$2 million are being required (supposedly by the Islamic Revolutionary Guard Corps of Iran )for safe transit of ships through the Strait of Hormuz however India would not pay this “informal toll”, the source included.
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May 15, 2026 10:51ICRA on fuel cost walking: Modest boost can offer just minimal relief to oil marketing business
“The modest walking in list price of Rs. 3/liter for fuel and diesel offers minimal relief to the oil marketing business. ICRA approximates that at unrefined rate of $ 105-110/ barrel and thinking about previous 10-year typical fracture spreads of vehicle fuels, oil marketing business sustain a loss of about Rs 500 crore daily on the sale of vehicle fuels and domestic LPG, even after factoring the fuel rate walking. Appropriately the oil marketing business would require to relook at the list prices in case raised petroleum costs continue.”
-Prashant Vasisht, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA Ltd
< meta itemprop ="dateModified" material="2026-05-15T10:47:57+05:30">< meta itemprop ="url" material =["https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352647">May 15, 2026 10:47Handing down complete cost shock would need a 200%– 300%rate walking in petrol-diesel, govt sources
Discussing the cost walking revealed on Friday early morning, the federal government asserted that while a complete pass-through of the international oil shock would have needed list prices to escalate by 200-300 percent, they are actively protecting the general public from such severe volatility.
According to federal government sources, the state-owned oil marketing business(OMCs) restricted the boost to simply 3 per litre for fuel and diesel. On a base rate of roughly 95, this represents a modest 3.5 percent modification, a relocation the federal government firmly insists is developed to take in the impact of worldwide rate rises and safeguard people from the real market effect.
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< meta itemprop="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352638">[ 19659147]May 15, 2026 10:38Fuel cost walking: Transporters approximate a 3%boost in freight expense
Transportation operators in West Bengal on Friday stated the fuel rate walking would increase the total freight expense by around 3 percent, and advised the federal government to guarantee that traders do not increase item rates disproportionately.
Kolkata saw the steepest fuel cost walking amongst the 4 cities, with fuel cost increasing by 3.29 to 108.74 per litre and diesel increasing by 3.11 to 95.13 per litre.
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< meta itemprop ="datePublished" material ="2026-05-15T10:37:18+05:30">< meta itemprop="dateModified" material="2026-05-15T10:37:18+05:30">< meta itemprop="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352637">May 15, 2026 10:37Sharp spike in fuel rates: Wholesale inflation leaps to 42-month high of 8.3 % in April
With increase in fuel costs, wholesale inflation, based upon Wholesale Price Index(WPI)rose to 42-month high of 8.3 percent in April, federal government reported on Thursday. It was 3.88 percent in March.
“Positive rate of inflation in April is mainly due to increase in rates of mineral oils, unrefined petroleum & gas, standard metals, other production and non-food short articles and so on,”a
declaration by Commerce and Industry Ministry stated.
According to information, Wholesale rate index( WPI )- based inflation in fuel and power leapt to 24.71 percent in April, from 1.05 percent in March. In unrefined petroleum, inflation was 88.06 percent in April compared to 51.5 percent in the previous month. The sharp increase in WPI inflation shows the effect of the West Asia crisis and the reliable blockade of the Strait of Hormuz through which most of the petroleum is imported to India.
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May 15, 2026 10:22SP chief Akhilesh Yadav takes a swipe at Centre on increasing expense of fuel and PM Modi’s austerity call
Samajwadi Party president Akhilesh Yadav on Friday shared a political animation on social networks, concentrating on the increasing expense of fuel amidst Prime Minister Narendra Modi’s require austerity.
The animation illustrates Akhilesh Yadav, the leader of the Samajwadi Party, riding a bike, his celebration’s sign. He is going by a big signboard that communicates a message from the Prime Minister,”Spend less on fuel: PM.”
Sharing the image on X, Yadav captioned the post: “Aage badhna hai to cycle hi vikalp hai”(I’ve stated it from the start: there is absolutely nothing much better than the bike!)
May 15, 2026 10:20Loot votes, then kick where it harms: TMC targets Centre over fuel rate trek
Trinamool Congress leader Derek O’Brien on Friday criticised the BJP-led main federal government over the walking in gas and diesel rates, declaring that initially they “robbed” individuals’s votes and “then they kick you where it injures”.
In a post on X, the Rajya Sabha member likewise asked whether the BJP-led West Bengal federal government would now minimize Value Added Tax (VAT) on fuel because the celebration is likewise in power at the Centre and does not require not fret about funds being obstructed.[19659166]Fuel and diesel rates were treked by Rs 3 per litre each on Friday. This is the very first rate boost in more than 4 years, amidst installing losses of fuel sellers due to rising worldwide crude rates.
“First they loot your vote, then they kick you where it injures. Pathetically foreseeable,” O’Brien stated.
The fuel rate walking comes 16 days after assembly elections concluded in Assam, Kerala, Tamil Nadu and West Bengal.
< li data-timeline-filter ="keyevent" data-happening ="keyevent" data-event-publish-date ="2026-05-15T10:15:47.000+0530" data-event-uri ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece/liveEvent/entry/352619" data-event-id ="352619" id ="352619" itemprop ="liveBlogUpdate" itemscope itemtype ="https://schema.org/BlogPosting"> < meta itemprop ="datePublished" material ="2026-05-15T10:15:47+05:30"> < meta itemprop ="dateModified" material ="2026-05-15T10:15:47+05:30">May 15, 2026 10:15Chennai: Petrol cost at 103.67 per litre; diesel at 95.25 per litre
May 15, 2026 10:14Kolkata: Petrol rate at 108.74 per litre; diesel at 95.13 per litre
May 15, 2026 10:10Petroleum futures gain as Trump states China wishes to purchase United States oil
Petroleum futures traded greater on Friday early morning after United States President Donald Trump stated China wishes to purchase petroleum from the United States.
At 10.01 am on Friday, July Brent oil futures were at $107.04, up by 1.25 percent, and June crude oil futures on WTI(West Texas Intermediate) were at$102.50, up by 1.31 percent . May petroleum futures were trading at 9829 on Multi Commodity Exchange(MCX)throughout the preliminary hour of trading on Friday versus the previous close of
9724, up by 1.08 percent, and June futures were trading at 9460 versus the previous close of 9350, up by 1.18 percent.
May gas futures were trading at 280.40 on MCX throughout the preliminary hour of trading on Friday versus the previous close of 277.40, up by 1.08 percent .
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May 15, 2026 10:09Gas crosses 107 mark, diesel above 93 in Jaipur after Centre walkings fuel costs by 3 per litre
Fuel crosses 107 mark, diesel above 93 in Jaipur after Centre walkings fuel rates by 3 per litre
Fuel in Jaipur goes beyond 107 and diesel goes beyond 93 after a 3 per litre cost boost by the Centre.
< meta itemprop="dateModified" material ="2026-05-15T10:07:41+05:30">May 15, 2026 10:07Delhi: Petrol cost at 97.77 per litre; diesel at 90.67 per litre
< meta itemprop ="url" material="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352607">May 15, 2026 10:00PM Modi has actually stopped working in global relationships: DK Shivakumar knocks Centre over fuel cost trek
Karnataka Deputy Chief Minister DK Shivakumar on Friday knocked the Centre over the walking in gas and diesel costs, declaring that Prime Minister Narendra Modi had actually stopped working in handling global relations in the middle of the continuous West Asia crisis.
Responding to the Centre’s choice to increase fuel costs by Rs 3 per litre, Shivakumar stated the typical individuals might not be anticipated to decrease vital intake and implicated the federal government of stopping working to successfully deal with the scenario developing from worldwide disputes.
“Mr. Modi has actually stopped working in the global relationship. He might not handle well, he might not assist, that is why like Covid, what he stated, call the bell, raise the light, raise the light and all he’s simply offering. It is not possible. How to take in oil in my home? How can I stop it? How can I stop lorry?” Shivakumar informed press reporters.
(With inputs from ANI
< meta itemprop="dateModified" material="2026-05-15T09:56:01+05:30">May 15, 2026 09:56Will result in additional inflation, development quotes will be reduced significantly: Cong on fuel trek
The Congress on Friday assaulted the Modi federal government over the fuel and diesel cost walking, stating it is bound to result in more inflation and development quotes will be decreased significantly.
In a post on X, Congress basic secretary Jairam Ramesh stated that with worldwide oil rates soft or decreasing for many years, the Indian National Congress had actually been advising that those advantages must be handed down to Indian customers which domestic rates of gas, gas, and diesel needs to be decreased.[ 19659200]That, nevertheless, did not take place and customers were “fleeced”, he stated.
“Now that global oil costs are climbing due to the fact that of the war in West Asia released by the PM’s buddies– the United States and Israel– and
assembly elections are over, the Modi Government has actually increased fuel and diesel costs after having actually treked business LPG rates previously.
“This is bound to cause more inflation that is now predicted to be near 6 % for this fiscal year. Development quotes will be decreased substantially,” Ramesh stated.
May 15, 2026 09:51Indian markets open flat-to-lower amidst fuel cost walking and combined worldwide hints
Indian equity markets opened at a loss on Friday as an across the country walking in fuel costs and firming worldwide petroleum rates weighed on financier belief, even as worldwide markets stayed concentrated on the continuous top in between the U.S. and China.
The BSE SENSEX fell 64.22 points or 0.09 percent to 75,334.50 in early trade, while the NSE NIFTY 50 stayed almost flat with an unfavorable predisposition, shedding 1.55 indicate stand at 23,688.05.
< meta itemprop ="url" material ="https://www.thehindubusinessline.com/news/petrol-diesel-price-cng-price-hike-live-updates-15-may-2026/article70981510.ece#352595">May 15, 2026 09:48Govt raises gas, diesel costs by 3 per litre; CNG rate increases by 2 per kg
Govt raises fuel, diesel rates by 3 per litre; CNG rate increases by 2 per kg
Fuel and diesel rates increase by 3 per litre in Delhi, showing increased international energy expenses.
Released on May 15, 2026
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