Fuel Prices Surge: Petrol, Diesel, and CNG Costs Increase Amid Middle East Tensions
نظرة سريعة
- Fuel prices in India have seen a Rs 3 per litre hike for petrol and diesel, and Rs 3 per kg for CNG, driven by rising global crude oil prices due to Middle East tensions.
- This marks the end of a four-year stable period for fuel costs.
ملخص مُنشأ بالذكاء الاصطناعي
لماذا يهم
Fuel prices in India have seen a significant hike after a long period of stability. This increase is attributed to rising global crude oil prices, exacerbated by ongoing conflict in the Middle East. Oil marketing companies were reportedly facing substantial daily losses.
Your next petrol, diesel and CNG refill is set to cost more! Fuel prices have once again come under pressure after a recent hike of Rs 3 per litre in petrol, diesel and CNG rates, pushing everyday transport and household fuel costs back into focus. The increase comes amid a sharp rally in global crude oil prices, driven by rising tensions in the Middle East. Brent crude, which had been hovering around the $70 per barrel mark, has surged beyond $100 as the ongoing conflict continues to strain global energy supplies and fuel market uncertainty. In India, the move also comes after a long period of stable fuel prices that had remained unchanged for nearly four years. However, after the war began, oil marketing companies were facing daily losses of around Rs 1,000 crore. Now, whether it is petrol for private vehicles, diesel for transport fleets, CNG for daily commuters, or PNG and LPG used at home, fuel costs are once again in public focus. Here is how much these fuels cost today:
Petrol price in your city
Oil companies announced a Rs 3 per litre hike in petrol prices last week, raising prices across major metro cities.
City
Petrol Price (per litre)
New Delhi
Rs 97.77
Kolkata
Rs 108.70
Jaipur
Rs 107.61
Mumbai
Rs 106.68
Chennai
Rs 103.67
Lucknow
Rs 97.72
Bangalore
Rs 106.17
Bhubaneswar
Rs 104.57
Chandigarh
Rs 97.27
Thiruvananthapuram
Rs 110.61
Diesel price in your city
Diesel rates too have been increased by Rs 3 per litre, with the global energy squeeze deepening due to the ongoing Middle East conflict.
City
Diesel Price (per litre)
New Delhi
Rs 90.67
Kolkata
Rs 95.13
Jaipur
Rs 92.90
Mumbai
Rs 93.14
Chennai
Rs 95.25
Lucknow
Rs 91.01
Bangalore
Rs 94.10
Bhubaneswar
Rs 96.11
Chandigarh
Rs 85.25
Thiruvananthapuram
Rs 99.38
CNG prices in your city
CNG prices have been revised twice within a week, first on Friday and again on Sunday, taking the total increase to Rs 3 per kg across networks. In the national capital, Indraprastha Gas Limited (IGL) raised CNG prices for the second time in just three days. Sunday’s Re 1 per kg hike took the price from Rs 88.09 to Rs 89.09. This followed an earlier Rs 2 per kg increase on May 15, implemented alongside the petrol and diesel price revision. The successive hikes are likely to add pressure on freight and passenger fares in Delhi.
City
CNG Price
New Delhi
Rs 77.09
Mumbai
Rs 81.00
Chennai
Rs 91.50
Bangalore
Rs 90.00
Hyderabad
Rs 97.00
Bharatpur
Rs 92.50
Dewas
Rs 96.00
Firozabad
Rs 93.85
Mathura
Rs 93.00
Meerut
Rs 86.05
Rewari
Rs 81.71
Sonipat
Rs 86.60
NCR
Rs 77.09
PNG price in your city
Prices of piped natural gas (PNG) have remained steady since April 1. The government has continously encouraged citizens to switch to PNG from LNG. Centre has asked ministries to evaluate the demand for PNG in canteens and pantries across government departments and offices, and to actively promote its wider use. Government establishments, residential colonies and canteens are being encouraged to move towards PNG, while city gas distribution (CGD) companies are being supported in expanding their networks. The overall push is aimed at cutting dependence on imported LPG in the long run.
City
PNG Price
New Delhi
Rs 47.90
Kolkata
Rs 50.00
Jaipur
Rs 49.50
Mumbai
Rs 50.00
Chennai
Rs 50.00
Lucknow
Rs 56.50
Bangalore
Rs 52.00
Bhubaneswar
Rs 45.33
Chandigarh
Rs 52.63
Thiruvananthapuram
Rs 51.00
End of Article
أسئلة مفتوحة
- Will fuel prices continue to rise if Middle East tensions escalate?
- What is the projected impact on inflation and the Indian economy?
- Are there any government measures planned to mitigate the impact on consumers?
- How long is the current period of stable PNG prices expected to last?