Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expert
- Posted on May 16, 2026
- By Business News Today
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- 1 min read
Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expert
Petrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising global crude oil prices. Experts predict this hike is the beginning of staggered increases, with further modest rises likely if the West Asia conflict persists and crude oil remains above $100 per barrel.
