Kolkata Records India’s Second-Highest Petrol Price As Fuel Rates Rise Again; Check Which City Tops The List

Fuel prices in India have increased once again, with Kolkata now emerging as one of the most expensive cities for petrol buyers. After the latest hike on 25 May 2026, petrol in Kolkata reached ₹113.25 per litre, making it the second-highest among major Indian cities listed after Hyderabad.

The fresh increase in petrol and diesel prices marks the fourth revision in less than two weeks. Petrol prices went up by ₹2.61 per litre, while diesel became costlier by ₹2.71 per litre. The repeated hikes are putting additional pressure on household budgets, transport costs and daily expenses across the country.

Kolkata Among India’s Costliest Cities For Petrol

With the latest revision, Kolkata has moved close to the top of the national fuel price chart. Petrol in the city is now selling at ₹113.25 per litre, much higher than major metros such as Delhi, Chennai and Bengaluru.

Only Hyderabad currently has a higher petrol price among the listed cities, where rates touched ₹115.73 per litre. Kolkata’s diesel prices have also risen sharply, reaching ₹99.73 per litre after the latest hike.

The jump in prices has sparked concern among commuters, transport operators and businesses in West Bengal, where rising fuel costs are expected to affect the prices of goods and services.

Why petrol and diesel prices are rising after the Iran war

The latest fuel price hike is linked to elevated crude oil rates and a weaker rupee, which raise import costs for Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited. The Iran war, which began on 28 February, has disrupted supplies through the Strait of Hormuz, a vital route for oil tankers worldwide.

Although international prices climbed for weeks, Indian oil marketing companies initially kept regular petrol and diesel prices unchanged. During this period, crude oil purchases became more expensive while pump prices stayed flat.

Industry estimates suggest the three OMCs together were losing over Rs 1,000 crore every day, making continued absorption of these costs unsustainable for longer.

City-wise petrol and diesel prices after fuel price hike

After the 25 May revision, petrol in Delhi costs Rs 102.12 per litre, up from Rs 99.51. Diesel in the capital increased from Rs 92.49 to Rs 95.20 per litre, according to industry sources. In Mumbai, petrol sells at Rs 111.10 per litre and diesel at Rs 97.73 per litre, keeping India’s financial hub among the costlier cities.

Hyderabad now records the highest petrol price among listed cities at Rs 115.73 per litre, after a Rs 2.88 increase. Thiruvananthapuram follows closely at Rs 115.49 per litre. Jaipur saw the steepest jump in petrol, with rates rising by Rs 3.51 to Rs 113.35 per litre. Other metros, including Chennai, Kolkata and Bengaluru, also faced uniform hikes.

Diesel prices have moved up in tandem across cities. Hyderabad now has the highest diesel price among the listed locations at Rs 103.82 per litre, following a Rs 2.88 hike. Thiruvananthapuram’s diesel rate increased to Rs 104.41 per litre. Jaipur again saw a sharp rise, with diesel climbing by Rs 3.34 to Rs 98.39 per litre.

Economic impact of rising petrol and diesel prices on households

Higher diesel prices are expected to raise logistics costs, which can push up the prices of essential goods. Daily items such as milk and bread have already seen increases linked to earlier fuel revisions. With CNG in Delhi now at Rs 81.09 per kg, transporters and commuters face further pressure, adding to wider inflation concerns for households.

Political response to petrol and diesel prices hike

Political reactions have begun to surface as fuel prices rise again. West Bengal Minister Dilip Ghosh told ANI, "Just recall what has been going on for the past 3-4 years. In some countries, petrol and diesel are simply unavailable... However, the Prime Minister provided relief to the people... But today, the situation has reached this critical point, and a price hike has become inevitable; consequently, only a minimum increase has been implemented. The situation is beyond our control; the supply of petrol, gas, and diesel is not in our hands. Therefore, we are compelled to proceed in alignment with global trends..."