PSU fuel retailers hike petrol, diesel by Rs 7.5/litre in 11 days as crude surges past 50%

IOC, BPCL and HPCL pushed through a fourth price increase in 11 days, lifting petrol to Rs 115.69 in Hyderabad and Rs 102.12 in Delhi. Private retailers Nayara, Shell and Jio-bp matched the move. With PSUs holding ~90% share and VAT up to 30%, pressure mounts on states to cut taxes.

IOC, BPCL and HPCL raised petrol and diesel Rs 7.5/litre in 11 days as crude surged 50%; Nayara, Shell and Jio-bp matched the hike.

Times of India · Business · 5/25/2026, 6:38:26 AM · Ask about this →

Indian Oil Corporation + Bharat Petroleum + Hindustan Petroleum + Jio-bp + Nayara Energy + Reliance Industries + Shell +