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Petrol-Diesel Price News: On Friday—for the first time in four years—petrol and diesel prices in India saw an increase. This surge signals that inflation could rise further in the coming days. Find out the latest rates for today.

Petrol-Diesel Prices Today (City-wise): Residents of Delhi-NCR are facing the shock of rising costs almost every day. At times, petrol and diesel prices go up; at others, CNG becomes more expensive. Today, CNG prices rose by another one rupee. Find out whether petrol and diesel prices have increased today as well, and check the latest fuel rates in your city.

On Friday, the Central Government hiked petrol and diesel prices nationwide by ₹3 per liter. This sudden surge took everyone by surprise—from the common man to business owners. However, petrol and diesel prices have not increased today. Here are the new fuel rates for the country's major metropolitan cities today, May 17:

New Delhi

Petrol: ₹97.77 per liter
Diesel: ₹90.67 per liter

Kolkata

Petrol: Now ₹108.70 per liter
Diesel: Available at ₹95.13 per liter

Mumbai

One liter of petrol: ₹106.68
Diesel: ₹93.14 per liter

Chennai

Petrol: ₹103.67 per liter
Diesel: ₹95.25 per liter

The Situation in Delhi-NCR and Other Major Cities

Prices are skyrocketing in the NCR regions adjoining Delhi, as well as in other major cities across the country. If you reside in Noida, petrol is currently priced at ₹97.76 per liter and diesel at ₹90.99 per liter. Meanwhile, in Gurugram, petrol is selling at ₹98.47 per liter and diesel at ₹90.94 per liter. In cities like Hyderabad and Thiruvananthapuram, petrol prices have even crossed the ₹110 mark. Petrol is currently retailing at ₹110.89 per liter in Hyderabad and ₹110.61 per liter in Thiruvananthapuram. Additionally, the price stands at ₹108.92 per liter in Patna and ₹107.61 per liter in Jaipur.

The Real Reason Behind the Price Hike

Why, exactly, have petrol and diesel prices surged so suddenly? The primary reason for this lies not within India, but in the ongoing tensions at the international level. Currently, the entire world is grappling with a major energy crisis. This situation has arisen due to the ongoing conflict in West Asia—specifically, the Middle East. As a result of the war, the prices of 'Brent Crude Oil'—or raw crude oil—have reached record levels in the international market. Globally, crude oil prices have risen by more than 50 percent.