Petrol and diesel prices remained unchanged across major Indian cities on Tuesday, May 5, even as global oil prices jumped. Government sources suggest retailers are looking to recover losses, with a possible hike of up to Rs 5 per litre for both fuels soon. Domestic LPG cylinder prices are also expected to rise.
Petrol prices in India change every day based on global crude oil costs, the rupee’s movement against the dollar, and local supply-demand conditions. Refining expenses, taxes, and dealer commissions also shape what consumers pay per litre. Check the latest city-wise rates for Delhi, Mumbai, Chennai, Kolkata and Bengaluru on 3 May 2026.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Gas prices are rising again nationwide as the U.S. average climbs sharply in a week, reaching the highest level in four years. Oil is trading above $100 per barrel, while the Strait of Hormuz remains closed, tightening supply. California and Texas are among the hardest hit, with drivers in major states likely to feel the impact today.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
