Petrol and Diesel Prices Today, May 27, 2026: Fuel Prices Remain Stable Across Delhi, Mumbai, Chennai and Other Cities

Mumbai, May 27:Petrol and diesel prices across major Indian metro cities and state capitals largely remained stable on Wednesday, with select cities witnessing marginal increases and declines following recent revisions by state-run oil marketing companies.

Fuel rates continue to remain in focus after fuel retailers raised petrol and diesel prices multiple times in recent days to offset pressure on marketing margins amid elevated global crude oil prices and ongoing geopolitical tensions in the Middle East. While crude prices have eased slightly from recent highs, retail fuel prices across several cities continue to hover near elevated levels.

State-run fuel retailers on Monday raised petrol and diesel prices for the fourth time in 10 days as soaring crude oil prices continued to squeeze marketing margins.

Petrol prices were increased by ₹2.61 per litre, while diesel rates went up by ₹2.71 per litre. Following the latest hike, petrol in Delhi is now priced at ₹102.12 per litre, while diesel costs ₹95.20 per litre.

Meanwhile, oil prices retreated on Wednesday after rallying nearly 4% in the previous session, as investors tracked developments in US-Iran negotiations and assessed the possibility of easing tensions in the Middle East.

Brent crude futures slipped around 1.5% to trade near $98 per barrel, while US West Texas Intermediate crude also declined toward the $92 mark. The pullback came as traders booked profits and reassessed the chances of immediate disruptions to global energy supplies.

The decline follows a volatile phase for oil markets, with crude prices witnessing sharp swings in recent sessions amid geopolitical concerns surrounding the Strait of Hormuz, a key artery for global oil shipments.

Petrol Prices

Petrol prices across major Indian metro cities and state capitals remained largely unchanged on Wednesday, following a series of recent fuel price hikes by state-run oil marketing companies amid elevated global crude oil prices.

Among the metros, Delhi continued to see petrol retailing at ₹102.12 per litre, while prices in Kolkata and Mumbai stood at ₹113.47 and ₹111.21 per litre, respectively. Chennai was the only major metro to witness an increase, with petrol prices rising by ₹0.33 to ₹108.20 per litre.

Across other cities, Hyderabad remained the costliest among the listed state capitals at ₹115.73 per litre, followed closely by Thiruvananthapuram at ₹115.31 per litre despite a marginal decline of ₹0.18. Patna also saw prices remain elevated at ₹113.65 per litre after a ₹0.30 increase.

Meanwhile, Noida recorded the sharpest decline among key cities, with petrol prices falling by ₹0.46 to ₹101.92 per litre. Jaipur and Bhubaneswar also witnessed modest cuts, while Gurgaon and Lucknow saw marginal increases in retail fuel prices.

Fuel prices have remained under focus after state-run retailers recently raised petrol and diesel prices multiple times to offset pressure on marketing margins caused by rising crude oil costs and geopolitical tensions in the Middle East.

Diesel Prices

Diesel prices across major Indian metro cities and state capitals remained largely steady on Wednesday, with only a few cities witnessing marginal revisions after recent hikes by state-run fuel retailers.

Among the metros, diesel prices in New Delhi, Kolkata and Mumbai remained unchanged at ₹95.20, ₹99.82 and ₹97.83 per litre, respectively. Chennai saw a modest increase of ₹0.32, taking diesel prices close to the ₹100 mark at ₹99.98 per litre. Bengaluru also remained stable, with diesel retailing at ₹98.80 per litre.

Among state capitals, Hyderabad continued to record one of the highest diesel prices at ₹103.82 per litre, while Thiruvananthapuram remained the costliest on the list at ₹104.12 per litre despite a decline of ₹0.29. Bhubaneswar and Jaipur also witnessed slight reductions in prices, while Patna saw diesel prices rise by ₹0.29 to ₹99.65 per litre.

Meanwhile, Noida recorded the steepest decline among major cities, with diesel prices easing by ₹0.48 to ₹95.37 per litre. Gurgaon also saw a marginal increase, with rates rising by ₹0.24 to ₹95.51 per litre.

Fuel prices remain under close watch after oil marketing companies raised petrol and diesel rates multiple times over the past few days to offset pressure from elevated global crude oil prices and geopolitical tensions in the Middle East.

Source:

• goodreturns.in