Petrol Diesel Prices On May 22: Another Hike Soon? Check New Rates In Mumbai, Hyderabad, Kolkata, Chennai And More by NDTV Profits | May 22, 2026 8:14 am | Latest Posts, Market, Trending News Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.