FuelPrices – Rising Fuel Rates Push Petrol Beyond Rs 100 in Delhi
FuelPrices – Petrol and diesel prices climbed again on Monday, extending a series of fuel rate revisions that have taken place over the past two weeks. The latest increase pushed petrol prices in Delhi above Rs 100 per litre for the first time in the recent round of hikes, placing additional financial pressure on households, transport businesses and daily commuters.
Fuel Rates Rise Across Major Cities
After the new revision, petrol in Delhi reached Rs 102.12 per litre following an increase of Rs 2.61. Diesel prices in the capital also moved up by Rs 2.71, taking the retail rate to Rs 95.20 per litre. Similar changes were reported in other metropolitan cities, where consumers are already facing higher transportation and living expenses.
In Kolkata, petrol prices rose to Rs 113.51 per litre after an increase of Rs 2.87, while diesel touched Rs 99.82 per litre with a hike of Rs 2.80. Mumbai also recorded higher fuel costs, with petrol priced at Rs 111.21 per litre and diesel at Rs 97.83 per litre. In Chennai, petrol rates increased to Rs 107.77 per litre and diesel climbed to Rs 99.55 per litre.
Consumers Express Concerns Over Increasing Costs
Several commuters and vehicle owners voiced concern over the repeated rise in fuel prices. Taxi operators and transport workers said higher diesel costs would directly affect their earnings and increase operating expenses.
One consumer said the situation was becoming difficult for drivers because diesel availability was also an issue in some areas. Another resident supported the government’s actions, saying international developments and ongoing conflict in West Asia were influencing fuel prices. A commuter also noted that repeated increases in petrol and diesel rates eventually affect the prices of essential goods and services used by ordinary citizens.
Fourth Fuel Price Increase in Less Than Two Weeks
The latest revision marks the fourth rise in fuel prices within a short period. Earlier this month, petrol and diesel rates were increased by Rs 3 per litre on May 15. A few days later, prices were raised again by 90 paise per litre. Another revision on May 23 saw petrol becoming costlier by 87 paise and diesel by 91 paise per litre.
With the newest increase now in effect, consumers across the country are witnessing a steady rise in transportation expenses, especially those dependent on personal vehicles and commercial transport operations.
CNG Prices Also Witness Fresh Hike
Compressed Natural Gas prices in Delhi were revised upward earlier this week as well. The cost of CNG increased by Rs 1 per kilogram, marking the third revision within 10 days. Following the latest adjustment, CNG in the national capital is now available at Rs 81.09 per kg.
Transport operators using CNG-powered vehicles said the increase would further affect operational budgets. Auto-rickshaw drivers, cab operators and delivery services are expected to face higher running costs in the coming weeks.
Global Factors Continue To Influence Oil Markets
Industry observers say international crude oil prices remain under pressure due to ongoing geopolitical uncertainty in West Asia. Currency fluctuations and concerns related to supply disruptions have also contributed to rising fuel costs.
One of the major concerns for global energy markets is the Strait of Hormuz, an important maritime route through which a significant share of the world’s crude oil shipments passes. Any instability or security concern in the region often affects global oil supply expectations and leads to fluctuations in crude prices.
Impact Likely on Inflation and Transport Sector
Economists believe the continued rise in petrol, diesel and CNG prices could increase logistics and freight costs across multiple sectors. Higher transportation expenses generally affect the prices of vegetables, food items, consumer goods and essential commodities, eventually influencing overall retail inflation.
Commercial transport businesses are also expected to face additional pressure as operational expenses continue to rise. Analysts say the coming weeks will be important in determining whether international oil prices stabilise or continue to push domestic fuel rates higher.