Fuel Price Hike: The common man suffered a major setback on Monday morning, with petrol and diesel prices rising for the fourth time in 11 days Petrol Diesel Rate Today: The orgy of oil prices is not stopping, know how much the burden on your pocket has increased today

Petrol diesel price hike 2026 : Monday morning has once again brought a new shock of inflation for the common citizens of the country. Government oil companies have once again increased the prices of petrol and diesel in the domestic market. After the increase in prices on Saturday, fuel prices have been increased again today on the first day of the new week.

Zee News According to , from 6 am on Monday, oil companies have implemented a drastic increase in the price of petrol by Rs 2.61 and diesel by Rs 2.71 per liter. The matter of concern for common consumers is that this is the fourth major increase made by oil companies in just 11 days.

When and by how much did prices increase in the last 11 days?

Oil companies had started revising prices only after the results of the assembly elections were announced and the process was completed. The changes that have taken place in oil prices within the last 11 days can be easily understood through this table:

The direct effect of this continuous increase is that the rate of petrol in the country’s capital Delhi has now crossed the Rs 100 mark. After today’s latest increase, the price of one liter petrol in Delhi has now reached Rs 102.12 and the price of diesel has reached Rs 95.20.

Why are the prices of petrol and diesel increasing?

International conditions are mainly responsible for this sharp rise in oil prices in the domestic market. The intense tension that has been going on between America and Iran in the Middle East for the last three months has had a direct impact on the prices of crude oil in the international market.

• Crude oil record: Before the onset of this crisis, crude oil was being sold in the global market at around $ 70 per barrel, which rose rapidly to $ 125 per barrel after the tension increased.

• Current Status: However, it is a matter of relief that due to the ongoing diplomatic talks between the two countries, some softening is being seen in the prices of crude oil. On Monday morning, Brent crude fell to $ 99 per barrel and WTI crude is trading at $ 92 per barrel.

Losses of oil companies and government assessment

Regarding this drastic change in prices, the government oil companies argue that due to buying expensive crude oil internationally, they were facing huge loss of about Rs 1,000 crore every day by selling oil at low prices in the domestic market.

Statement of Union Petroleum Minister: Earlier this month, Union Petroleum Minister Hardeep Singh Puri had also expressed concern over the situation. He had said that due to high prices of crude oil in the first quarter (Q1) of the current financial year 2026-27, the total loss of oil companies may increase from Rs 1 lakh crore to Rs 1.25 lakh crore. To compensate for this loss, oil companies are continuously passing the burden of this price increase on the common consumers.