India Sees Fuel Price Hike Amid Global Tensions
As of May 15, 2026, petrol and diesel prices across India have been revised, marking an increase after a 10-week period of stability. The Centre implemented a significant hike of ₹3 per litre for both petrol and diesel, attributing the rise to persistent disruptions in global energy supplies. Escalating tensions in the Middle East and the ongoing blockade of the Strait of Hormuz have intensified concerns over crude oil supply chains, directly impacting fuel costs in major Indian cities.
Current City-Wise Rates (as of May 15, 2026)
- Petrol: Delhi ₹97.77, Kolkata ₹108.74, Mumbai ₹106.68, Chennai ₹103.67 per litre.
- Diesel: Delhi ₹90.67, Kolkata ₹95.13, Mumbai ₹93.14, Chennai ₹95.25 per litre.
- CNG (Delhi): ₹79.09 per kg.
Understanding Daily Revisions
Fuel prices in India are subject to daily revisions, which come into effect every morning at 6 AM. These rates are primarily influenced by fluctuations in international crude oil prices and movements in the rupee-dollar exchange rate. This dynamic pricing mechanism means that rates can change from one day to the next, making it essential for consumers to stay informed.
Easy Ways to Check Fuel Prices in Your City
With prices changing frequently, consumers are increasingly seeking quick and reliable methods to check the latest fuel rates before heading to the pump. Here are three convenient options:
1. Via SMS
One of the most accessible methods, particularly for those without smartphones or internet access, is checking prices through SMS. To receive the latest fuel rates for your location, send the message RSP Dealer Code to 92249 92249. Dealer codes are typically displayed at fuel stations and can also be found on IndianOil's official website. It's important to note that SMS prices are indicative and may vary slightly between different outlets within the same city.
2. Using the IndianOil ONE Mobile App
Smartphone users can download the IndianOil ONE app, available on both Android and iOS platforms. This comprehensive application allows users to:
- Locate nearby IndianOil fuel stations.
- Check current petrol and diesel prices.
- Access e-bills and loyalty benefits.
- Track their transactions.
- Raise service complaints.
The app is particularly useful for comparing fuel prices across different nearby outlets before refueling.
3. Visiting the IndianOil Website
For those who prefer a browser-based option, updated fuel prices can be directly accessed by visiting www.iocl.com. The website provides detailed petrol and diesel pricing information, along with dealer code references for major cities. Users can easily search and verify prices for specific locations or fuel stations.
Staying informed about daily fuel price changes can help consumers make more informed decisions, especially during periods of global energy uncertainty.