Why Oil Companies Have Hiked Petrol, Diesel Prices Third Time in 9 Days

Saturday, 23 May 2026Newsdesk
Why Oil Companies Have Hiked Petrol, Diesel Prices Third Time in 9 Days
Despite increasing prices thrice in nine days, the oil companies' under-recovery on petrol and diesel remains significant.

New Delhi 23 May 2026

As per news report of NDTV,Petrol and diesel prices have seen a third hike in nine days as the State-owned oil companies have decided to pass on some of the price increases in the international oil and gas market to consumers. As part of the strategy to implement an incremental increase, the prices of petrol, diesel, and CNG were again increased on Saturday.

Source - NDTV

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