India Raises Diesel, Gasoline Prices for Third Time in Eight Days

MarketsIndia Raises Diesel, Gasoline Prices for Third Time in Eight DaysFacebookXLinkedInEmailLinkGiftExpandA fuel station in Ahmedabad on May 15.Photographer: Shammi Mehra/AFP/Getty ImagesFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Rakesh SharmaMay 23, 2026 at 1:30 AM UTCBookmarkSaveIndia’s state-run refiners raised retail prices again of diesel and gasoline on Saturday to help processors cut losses on discounted sales and to control a spike in demand.Prices of both fuels rose by nearly 1%, or less than 1 rupee, with gasoline now sold at 99.51 rupees ($1.0399) and diesel at 92.49 rupees per liter in New Delhi, according to the website of Indian Oil Corp., the country’s largest fuel retailer. Prices vary across India due to local taxes.