{"id":26905,"date":"2026-05-30T10:28:13","date_gmt":"2026-05-30T04:58:13","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=26905"},"modified":"2026-05-30T10:50:04","modified_gmt":"2026-05-30T05:20:04","slug":"petrol-and-diesel-prices-hold-omc-losses-rise","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/petrol-and-diesel-prices-hold-omc-losses-rise\/","title":{"rendered":"Petrol & Diesel Prices Hold on May 30 \u2014 But OMCs Losing ~Rs 500 Cr\/Day, More Hikes Imminent"},"content":{"rendered":"
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Petrol and diesel prices across India held unchanged on Saturday, May 30, according to Indian Oil Corporation<\/a> pricing data updated at 6 AM. No revision was issued by IOC, BPCL, or HPCL. This is the first price freeze since the fourth hike on May 25. However, a pause is not a ceiling, ICRA estimates state-run oil marketing companies are still losing approximately Rs 500 crore per day even after all four hikes, making further price increases likely.<\/div>\n
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Metric<\/th>\nValue<\/th>\nDetails<\/th>\n<\/tr>\n<\/thead>\n
Delhi Petrol Price Today<\/td>\n\u20b9102.12\/litre<\/td>\nAs per IOC data<\/td>\n<\/tr>\n
Delhi Diesel Price Today<\/td>\n\u20b995.20\/litre<\/td>\nAs per IOC data<\/td>\n<\/tr>\n
Cumulative Hike Since May 15<\/td>\n\u20b97.50\/litre<\/td>\nIncrease in petrol & diesel prices<\/td>\n<\/tr>\n
OMC Daily Losses<\/td>\n~\u20b9500 crore<\/td>\nEstimated post-hike impact, according to ICRA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
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Why this matters:<\/strong> OMCs need petrol at approximately \u20b9105\u2013112\/liter to break even at current crude levels, versus today’s Delhi price of \u20b9102.12. ICRA estimates losses are still running at ~\u20b9500 crore\/day even after four rounds of hikes, making further price increases likely.<\/div>\n
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Hike timeline \u2014 four increases in 12 days<\/h2>\n\n\n\n\n\n\n\n\n\n
Date<\/th>\nEvent<\/th>\nKey Details<\/th>\n<\/tr>\n<\/thead>\n
May 15, 2026<\/strong><\/td>\nHike 1<\/strong><\/td>\nPetrol and diesel prices increased by \u20b93\/litre each<\/strong>, marking the first fuel price hike in nearly four years. OMC losses were estimated at ~\u20b91,000 crore\/day<\/strong> at the time.<\/td>\n<\/tr>\n
May 19, 2026<\/strong><\/td>\nHike 2<\/strong><\/td>\nSecond fuel price revision within four days. The industry was still absorbing ~\u20b9750 crore\/day<\/strong> in losses, according to the Ministry of Petroleum & Natural Gas.<\/td>\n<\/tr>\n
~May 22, 2026<\/strong><\/td>\nHike 3<\/strong><\/td>\nThird upward revision within a week as global crude oil prices remained above $100 per barrel<\/strong>.<\/td>\n<\/tr>\n
May 25, 2026<\/strong><\/td>\nHike 4<\/strong><\/td>\nPetrol price increased by \u20b92.61\/litre<\/strong> and diesel by \u20b92.71\/litre<\/strong>. Delhi petrol crossed \u20b9100\/litre<\/strong> for the first time in the current price-hike cycle.<\/td>\n<\/tr>\n
May 30, 2026<\/strong><\/td>\nNo Change<\/strong><\/td>\nFuel prices remained unchanged. OMC losses continued at ~\u20b9500 crore\/day<\/strong>, according to ICRA estimates.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Petrol prices \u2014 May 30<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\n\u20b9\/litre<\/th>\n<\/tr>\n<\/thead>\n
Delhi<\/td>\n102.12<\/td>\n<\/tr>\n
Mumbai<\/td>\n111.18<\/td>\n<\/tr>\n
Bengaluru<\/td>\n110.91<\/td>\n<\/tr>\n
Kolkata<\/td>\n113.47<\/td>\n<\/tr>\n
Chennai<\/td>\n107.77<\/td>\n<\/tr>\n
Hyderabad<\/td>\n115.69<\/td>\n<\/tr>\n
Jaipur<\/td>\n112.98<\/td>\n<\/tr>\n
Lucknow<\/td>\n102.04<\/td>\n<\/tr>\n
Patna<\/td>\n101.89<\/td>\n<\/tr>\n
Thiruvananthapuram<\/td>\n115.49<\/td>\n<\/tr>\n
Gurugram<\/td>\n102.69<\/td>\n<\/tr>\n
Chandigarh<\/td>\n101.51<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Diesel prices \u2014 May 30<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\n\u20b9\/litre<\/th>\n<\/tr>\n<\/thead>\n
Delhi<\/td>\n95.20<\/td>\n<\/tr>\n
Mumbai<\/td>\n97.83<\/td>\n<\/tr>\n
Bengaluru<\/td>\n98.80<\/td>\n<\/tr>\n
Kolkata<\/td>\n99.82<\/td>\n<\/tr>\n
Chennai<\/td>\n99.58<\/td>\n<\/tr>\n
Hyderabad<\/td>\n103.82<\/td>\n<\/tr>\n
Jaipur<\/td>\n97.06<\/td>\n<\/tr>\n
Lucknow<\/td>\n95.36<\/td>\n<\/tr>\n
Patna<\/td>\n99.36<\/td>\n<\/tr>\n
Thiruvananthapuram<\/td>\n104.42<\/td>\n<\/tr>\n
Gurugram<\/td>\n\u2014<\/td>\n<\/tr>\n
Chandigarh<\/td>\n86.47<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Also Read:\u00a0BPCL Warns 20% to 50% Fuel Price Hike May Be Inevitable if Global Oil Crisis Continues<\/a><\/p>\n

Why prices are still high\u2014verified key factors<\/h2>\n<\/div>\n<\/div>\n
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