Fuel Prices Rise Again: Petrol, Diesel Hiked Third Time In Just 10 Days
Third fuel price hike in 10 days hits consumers nationwide.
Petrol and diesel prices were increased again on Saturday, marking the third fuel price hike in the last 10 days as state-owned oil marketing companies continued passing on the impact of elevated global energy prices linked to tensions in the Middle East. Petrol prices were raised by 87 paise per litre, while diesel rates went up by 91 paise per litre.
Following the latest revision, petrol in Delhi now costs Rs 99.51 per litre, while diesel is priced at Rs 92.49 per litre. In Mumbai, petrol prices climbed to Rs 108.49 per litre and diesel to Rs 95.02 per litre. Kolkata recorded petrol prices at Rs 110.64 per litre and diesel at Rs 97.02 per litre, while Chennai saw petrol rise to Rs 105.31 per litre and diesel to Rs 96.98 per litre.
This is the third upward revision since May 15, when oil companies resumed calibrated fuel price increases after a prolonged period of stability. Prices were first raised by Rs 3 per litre on May 15, followed by another increase of around 90 paise on May 19. With Saturday’s revision, petrol and diesel prices have increased by nearly Rs 5 per litre overall during the period.
Also Read: India Hikes Petrol, Diesel And CNG Prices Amid Global Oil Supply Concerns
The government and oil companies have attributed the hikes to rising international crude oil prices and supply concerns arising from geopolitical instability in the Middle East. Officials have maintained that retail fuel prices are being adjusted gradually to avoid sudden shocks to consumers while ensuring that oil marketing companies recover mounting input costs.
Compressed Natural Gas (CNG) prices were also revised upward, with rates in Delhi increased by Rs 1 per kilogram. CNG now costs Rs 81.09 per kg in the national capital. The increase adds further pressure on household and transportation costs at a time when consumers are already facing broader inflationary concerns.
Government sources recently pointed out that fuel prices had been reduced multiple times over the last four years, including a major cut in excise duty earlier this year. According to officials, the government and public sector oil companies absorbed significant financial pressure during previous periods of high crude prices, including large losses borne by oil companies between 2021 and 2024 and additional subsidies provided to LPG consumers during 2024-25.
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