Petrol and Diesel Prices Increased By Rs 3 Per Litre - Check City-Wise Rates

The Government has raised petrol and diesel prices by Rs 3 per litre across India.

In Delhi, petrol now costs Rs 97.77 per litre, up from Rs 94.77, while diesel stands at Rs 90.67 per litre, up from Rs 87.67. Similar increases apply in other cities, with petrol crossing Rs 110 in places like Trivandrum.

CNG prices have also risen by Rs 2 per kg in several cities.

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New Petrol Prices

New Diesel Prices

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Why Have Petrol and Diesel Prices Gone Up?

The government and oil firms cited mounting losses as the main reason for the hike. Oil marketing companies had been absorbing heavy under-recoveries of around Rs 1,000 crore per day due to high global crude oil prices.

Brent crude has surged above $105 per barrel amid the ongoing Middle East conflict and disruptions in the Strait of Hormuz. India imports most of its oil, and these global pressures, along with a weaker rupee, made it unsustainable to keep retail prices frozen.

This marks the first major retail fuel price adjustment in nearly four years. Prices had remained largely unchanged since 2022, with only a small reduction of Rs 2 per litre in March 2024 before the Lok Sabha elections.

Further increases could follow if global oil prices stay high. Check local rates in your city, as they vary by state taxes and location.

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