Petrol and Diesel Prices Remain Unchanged Today, City-Wise Rates Published Petrol and diesel prices in India remained unchanged on May 4, 2026, with no adjustments made to the rates across major cities. In Port Blair, petrol was priced at 82.46 rupees per liter, while diesel cost 78.05 rupees per liter. Similar stability was observed in other cities, including Delhi, where petrol was priced at 94.77 rupees and diesel at 87.67 rupees. The government has maintained the same rates since 2022, with no increases in the past four years. The decision to keep prices steady followed a pattern of no changes in the previous week, as oil marketing companies continued to operate without raising fuel costs. However, the lack of price adjustments has placed financial pressure on these companies, which have been struggling with rising crude oil prices. Crude oil prices have remained elevated due to ongoing global conflicts, with the cost hovering above $100 per barrel—a significant increase from pre-war levels of around $70 per barrel. Despite the current stability, industry sources suggest that prices could rise by 4 to 5 rupees per liter in the coming weeks. This projection is based on the continued upward trend in crude oil prices, which has been a key driver of fuel cost increases. Private companies, such as Naira Energy and Shell India, have already raised prices in recent months, setting a precedent for potential government-led hikes. City-wise price listings provided by the article highlight regional variations. For instance, Mumbai saw petrol at 104.21 rupees and diesel at 90.76 rupees, while Chennai recorded petrol at 100.75 rupees and diesel at 92.34 rupees. Delhi, a major economic hub, reported petrol at 94.77 rupees and diesel at 87.67 rupees.#delhi #mumbai #chennai #port_blair #naira_energy
