Petrol and diesel prices were increased on Friday by Rs 3 per litre after state-owned oil firms ended a four-year record hiatus in rate revision. Petrol price was hiked to Rs 97.77 per litre from Rs 94.77 in the national capital. Diesel now costs Rs 90.67 as against Rs 89.67 per litre previously.
The increase is a 10th of the desired hike needed to account for the surge in global energy rates since the start of the Middle East conflict. Here are all the updates on the diesel and petrol price hiked in the nation.
Petrol Diesel Price Hike News Live: Indraprastha Gas Limited Raises Gas Prices By Rs 2/Kg
Indraprastha Gas Ltd. on Friday hiked the price of compressed natural gas (CNG) by Rs 2 per kg in Delhi, a day after a similar hike was announced in the Mumbai Metropolitan Region.
Petrol Diesel Price Hike News Live: Loss For Common Man, Says DMK
"Loss for common man" DMK spokesperson Saravanan Annadurai on Centre hiking prices of petrol and diesel.
Petrol Diesel Price Hike News Live: OMCs Likely To See Strain
RS Pandey Former Oil & Gas Petroleum Secy told NDTV Profit:
- Long-Term Stress To Prevail In The Economy
- OMCs Losing Heavily Amid Crude Price Concerns
- OMCs Likely To See Strain In Q1 FY27 Results
- OMCs Have Not Raised Prices For Last 4 Years
- Govt May Tax Upstream Oil Cos Amid Fuel Price Woes
- Govt Will Take Action If Crude Prices Surge Again
- Fuel Price Hikes To Have An Impact On Inflation
Petrol Diesel Price Hike News Live: Diesel Prices In Chennai
- Diesel price hiked by Rs 2.86/Litre In Chennai
- Diesel price hiked to Rs 95.25/litre in Chennai
Petrol Diesel Price Hike News Live: Diesel Prices In Mumbai
- Diesel price hiked by Rs 3.11/Litre in Mumbai
- Diesel price hiked to Rs 93.14/Litre In Mumbai
Petrol Diesel Price Hike News Live: Diesel Prices In Kolkata
- Diesel price hiked by Rs 3.11/Litre in Kolkata
- Diesel price hiked to Rs 95.13/Litre In Kolkata
Petrol Diesel Price Hike News Live: Diesel Prices In Delhi
- Diesel price hiked by Rs 3/Litre in Delhi
- Diesel price hiked to Rs 90.67/Litre in Delhi
Petrol Diesel Price Hike News Live: New Prices Petrol-Diesel Prices In Infographics
Petrol Diesel Price Hike News Live
Petrol Diesel Price Hike News Live: CNG Prices Hiked In New Delhi
CNG prices have risen by Rs 2 in New Delhi
Petrol Diesel Price Hike News Live: Fuel Hike Hits Jabalpur Student
Jabalpur, Madhya Pradesh: A consumer, Shilpi Singh, says, " This will have a huge impact. For example, I go to college and I have to cover a distance of around 7–8 kilometers. You cannot always reach on time using public transport, so you are forced to use your own vehicle. I feel that this is affecting people a lot. I can clearly see its impact even in our homes. But I think the lower class and lower middle class people are the ones who are being affected the most by this.
Petrol Diesel Price Hike News Live: Petrol Prices In Chennai
- Petrol price hiked by Rs 2.83/Litre In Chennai
- Petrol price hiked to Rs 103.67/litre in Chennai
Petrol Diesel Price Hike News Live: Petrol Prices In Mumbai
- Petrol price hiked by Rs 3.14/Litre in Mumbai
- Petrol price hiked to Rs 106.68/Litre In Mumbai
Petrol Diesel Price Hike News Live: Petrol Prices In Kolkata
- Petrol price hiked by Rs 3.29/Litre in Kolkata
- Petrol price hiked to Rs 108.74/Litre In Kolkata
Petrol Diesel Price Hike News Live: How Petrol And Diesel Price Hike Will Benefit HPCL, BPCL And IOCL
As elevated crude prices start to impact balance sheets of oil marketing companies in a major way, BPCL, HPCL and IOCL have announced a standard Rs 3 price hike in petrol and diesel, effective today.
Petrol Diesel Price Hike News Live: Petrol Price Hike In Delhi
- Petrol price hiked by Rs 3/Litre in Delhi
- Petrol price hiked to Rs 97.77/litre in Delhi
Petrol Diesel Price Hike News Live: New Fuel Prices
MS (petrol) prices (in Rs per litre):
- Delhi 97.77 ( 3.00)
- Kolkata 108.74 ( 3.29)
- Mumbai 106.68 ( 3.14)
- Chennai 103.67 ( 2.83)
HSD (diesel) prices (in Rs per litre):
- Delhi 90.67 ( 3.00)
- Kolkata 95.13 ( 3.11)
- Mumbai 93.14 ( 3.11)
- Chennai 95.25 ( 2.86).
Petrol Diesel Price Hike News Live: Petrol And Diesel Prices Hiked By Rs 3 Per Litre
Petrol and diesel prices were increased by Rs 3 per litre each on Friday, May 15 as oil companies passed on part of the spike in global energy prices to consumers.
Petrol Diesel Price Hike News Live: Middle East War Sends Oil Prices Soaring
The war in the Middle East has again sent international oil prices soaring by over 50%. The basket of crude oil that India imports averaged $69 per barrel in February before the war in West Asia broke out. It averaged $113-114 per barrel in subsequent months.
Petrol Diesel Price Hike News Live: Indian Oil Firms Recoup 2022 Price Losses
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) had abandoned the daily price revision in April 2022 to insulate domestic consumers from a steep price increase that was warranted because of international oil prices shooting through the roof post Russia's invasion of Ukraine.
They incurred heavy losses in the first half of the 2022-23 fiscal year, which they recouped when rates fell in subsequent months.
Petrol Diesel Price Hike News Live: Fuel Prices Unchanged For 11 Weeks
State-owned oil firms had kept fuel price unchanged for 11 weeks despite a surge in input cost, but passed on part of the increase once operations became financially unsustainable, the sources said.
Prices have remained on freeze since April 2022, but had a one-off reduction of Rs 2 a litre each on petrol and diesel in March 2024 just before the Lok Sabha elections.