Petrol-diesel Prices

Petrol and diesel prices were increased by up to 91 paise per litre on Saturday, the third increase in less than 10 days. Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49. This is the third increase in rates since May 15, when state-owned oil companies started passing on the elevated energy prices arising from the West Asia conflict in a calibrated manner. Prices were hiked by Rs 3 a litre on May 15, followed by a 90 paise increase on May 19. In all, rates have gone up by almost Rs 5 per litre.

CNG in Delhi now costs ₹81.09 per kg, while prices in Noida, Ghaziabad and Greater Noida have risen to ₹89.70 per kg after the latest revision

Experts warn elevated crude prices, weak rupee and persistent under-recoveries could force tougher policy choices if the West Asia crisis drags on

Petrol now costs ₹98.64 a litre in the national capital, from earlier ₹97.77 a litre and diesel is priced higher at ₹91.58 per litre

Petrol and diesel prices were increased by 90 paise per litre on Tuesday, the second increase in less than a week. Petrol price was hiked to Rs 98.64 a litre from Rs 97.77 per litre in the national capital. Diesel now costs Rs 91.58 a litre against Rs 90.67 previously, according to industry sources. This is the second increase in rates in less than a week. Prices were hiked by Rs 3 a litre on Friday. In Delhi, petrol now retails at Rs 98.64 per litre, up by 87 paise, while diesel is priced at Rs 91.58 per litre, higher by 91 paise. Mumbai saw petrol rise by 91 paise to Rs 107.59 per litre and diesel by 94 paise to Rs 94.08 per litre. Kolkata recorded the steepest hike in petrol at 96 paise to Rs 109.70 per litre, while diesel prices rose by 94 paise to Rs 96.07 per litre. In Chennai, petrol prices rose by 82 paise to Rs 104.49 per litre, and diesel by 86 paise to Rs 96.11 per litre.

Petrol now costs ₹97.77 per litre in Delhi, up from ₹94.77 a litre earlier, while diesel prices have been raised to ₹90.67 per litre

The upward revision in prices for both fuels, said Jyotivardhan Jaipuria, founder and managing director at Valentis Advisors, was already expected though the quantum of ₹3 per litre seems too less.

CNG in the national capital will now cost ₹79.09 per kg, up from ₹77.09, while in Mumbai, the fuel is now priced at ₹84 per kg

At the moment, markets are driven far more by global developments than domestic factors, Shah said. The biggest concern globally, he feels, is energy supply and energy prices.

A government official said India had sufficient crude inventories and that refinery operations were continuing without disruption

State-run oil firms face mounting under-recoveries as crude prices remain above $100 per barrel amid the US-Iran conflict and Strait of Hormuz disruptions

The government has no plans to raise petrol and diesel prices, a senior official said on Tuesday, dismissing speculation of a hike after polling in West Bengal ends on April 29. Retail petrol and diesel prices have remained unchanged for a record fourth year, even as conflict in West Asia has pushed crude oil costs up more than 50 per cent over the past two months. The widening gap between input costs and pump prices has left state-run fuel retailers incurring heavy losses - with some estimates pegging daily loss at about Rs 2,400 crore - fuelling speculation of an imminent price hike after politically charged assembly elections in Tamil Nadu, West Bengal, Assam, Kerala and Puducherry conclude on Wednesday. "There is no proposal to increase petrol and diesel prices," Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said at a news briefing on the fallout of developments in West Asia. She was responding to a question on whether retail fuel prices would be .

On its part, the government has denied reports of hiking petrol and diesel prices despite the surge in crude oil in the backdrop of the conflict in West Asia.

Centre says no proposal to raise petrol and diesel prices despite rising crude, calls reports misleading and aimed at creating panic among consumers

Himachal Pradesh CM Sukhvinder Singh Sukhu said the fuel cess will provide a dedicated revenue stream to strengthen and effectively implement welfare measures for orphans and widows across the state

Petrol and diesel are costliest in Andhra Pradesh largely because of the highest VAT the state charges, while smaller states and Union Territories such as Andaman & Nicobar Islands have the lowest fuel prices, according to information furnished in the Rajya Sabha on Monday. A litre of petrol in Amaravati - the capital city of Andhra Pradesh - costs Rs 109.74, while the same in Andaman & Nicobar Islands comes for Rs 82.46, according to a written reply by Minister of State for Petroleum and Natural Gas Suresh Gopi in response to a question on disparities in fuel prices. "The final selling prices of petrol and diesel include excise duty fixed by the Central Government and Value Added Tax (VAT)/Taxes fixed by the respective State/UT Governments," he said, adding that the rates vary across the country due to different freight rates and VAT/local levies, which vary from state to state. NDA-ruled Andhra Pradesh charges the highest VAT of Rs 29.06 per litre on petrol, while the same ..

Over the past decade, diesel prices in Karnataka have seen several fluctuations driven by both central and state government policies

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