Petrol, Diesel Price Hike LIVE: Petrol To Now Cost Rs 97 In Delhi, Rs 106 In Mumbai

The article notes that India did not increase prices immediately and had held prices steady for about 76 days while crude oil crossed $100 per barrel, with losses piling up for oil marketing companies over an extended period.

Prime Minister Narendra Modi had last week appealed to citizens to reduce the use of petrol and diesel where possible and switch to metro services, electric buses and public transport.

CNG in Delhi priced at Rs 79.09 per kg.

The article also reports Delhi petrol at Rs 97.77 per litre and Delhi diesel at Rs 99.67 per litre, reflecting variations noted in the coverage.

In Rajasthan's Jaipur, petrol rose to Rs 107.97 per litre and diesel to Rs 93.23 per litre after the Centre hiked fuel prices by Rs 3 per litre.

BJP spokesperson Pradeep Bhandari defended the price hike, noting that India’s increase was smaller than many other economies as Brent crude hovered around $100 per barrel.

Arvind Kumar, Director (Refineries) at Indian Oil Corporation Limited, described the rise as a very small rise and said IOCL group companies and refineries are operating round the clock at more than 100% capacity to prevent a crisis at retail outlets.

Government sources said they are shielding citizens from the full global oil shock, with the Centre and oil marketing companies absorbing nearly Rs 1,000 crore losses daily.

The Centre increased petrol and diesel prices by Rs 3 per litre, citing disruption of oil supplies due to the Iran war and the blockade of the Strait of Hormuz. Petrol prices in major cities were set at: Delhi Rs 97.77 per litre, Kolkata Rs 108.74, Mumbai Rs 106.68, Chennai Rs 103.67 per litre. Diesel prices were: Delhi Rs 90.67, Kolkata Rs 95.13, Mumbai Rs 93.14, Chennai Rs 95.25 per litre. CNG prices in Delhi rose to Rs 79.09 per kg.

The Congress criticised the move as likely to worsen inflation, while the BJP accused the Opposition of politicising the issue amid a global energy crisis. The BJP argued that India’s price rise is comparatively moderate and cited Brent crude prices staying above $100 per barrel.

Petrol and diesel prices were raised across India. Delhi petrol rose by Rs 3 to Rs 97.77 per litre and diesel to Rs 90.67. Mumbai petrol rose to Rs 106.68 per litre and diesel to Rs 93.14. Chennai petrol rose to Rs 103.67 and diesel to Rs 95.25. Prices vary by state due to VAT differences.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said India had ensured uninterrupted supplies of petrol, diesel and LPG despite global volatility and supply shocks. He noted the under-recovery burden on oil companies and stated losses are substantial.

Prime Minister Narendra Modi urged citizens to spend less on fuel, fertilizer and travel. The piece frames this as preceding the price hike by five days.

The article notes that the fuel price hike comes 16 days after assembly elections concluded in Assam, Kerala, Tamil Nadu and West Bengal.

The BJP defended the fuel price hike, saying India recorded the smallest material increase among major economies during the Iran war. Amit Malviya noted on X that while countries such as Myanmar, Malaysia, Pakistan and the US saw hikes above 40%, India increased prices by only 3%.

CNG in Delhi was hiked to Rs 79.09 per kg. In Noida and Ghaziabad, CNG rose to Rs 87 per kg as part of the fuel price adjustments.

Petrol in Jaipur rose to Rs 107.97 per litre, and diesel rose to Rs 93.23 per litre following the Rs 3 per litre increase.

The Centre increased petrol and diesel prices by Rs 3 per litre. Petrol prices: Delhi Rs 97.77, Kolkata Rs 108.74, Mumbai Rs 106.68, Chennai Rs 103.67. Diesel prices: Delhi Rs 90.67, Kolkata Rs 95.13, Mumbai Rs 93.14, Chennai Rs 95.25. Jaipur petrol Rs 107.97 and diesel Rs 93.23. CNG Delhi Rs 79.09 per kg; CNG Noida/Ghaziabad Rs 87 per kg. The move comes as Middle East tensions and the closure of the Strait of Hormuz disrupt supplies.

Prime Minister Narendra Modi had last week appealed to citizens to reduce the use of petrol and diesel wherever possible and switch to metro services, electric buses, and public transport.