Drooid Logo
Back to today’s briefing

Story perspectives

Retailers Hike Petrol, Diesel to 98.64, Lose 7.5B

5/20/2026

49 11 Full Breakdown

1 of 1

Story summary
  • State retailers raised petrol and diesel prices by about 0.9 rupees per litre on Tuesday, a second hike within a week, bringing New Delhi rates to 98.64 rupees per litre for petrol and 91.58 rupees per litre for diesel.
  • Oil ministry secretary Sujata Sharma said retailers lose 7.5 billion rupees daily, receive no aid, and Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum, controlling 90 % of 103,000 stations, set prices together.