Petrol, Diesel Hike: Delhi Hits ₹97.77 Petrol, ₹90.67 Diesel
Petrol, Diesel Hike: Delhi Hits ₹97.77 Petrol, ₹90.67 Diesel
Petrol and diesel prices rise by ₹3 per litre across India, with Delhi petrol at ₹97.77 and diesel at ₹90.67; CNG up to ₹79.09. Oil firms warn of ongoing losses as global prices stay volatile.
Oil-marketing companies on Friday announced a ₹3 per litre hike for petrol and diesel across all variants, effective immediately. In Delhi, regular petrol now costs ₹97.77 per litre while diesel is priced at ₹90.67, marking another round of higher fuel costs for daily commuters. CNG in the national capital has also gone up by ₹2 per kg, now priced at ₹79.09.
Premium variants were not spared; IndianOil’s XG (a premium petrol) is now ₹95.99 per litre, and the high-octane XP95 has climbed to ₹104.88 per litre. The broader price movement comes amid persistent pressure on oil-marketing companies’ margins and growing concerns over under-recoveries in a volatile global energy market.
Officials and industry observers point to ongoing disruptions tied to the West Asia conflict, which have pushed crude prices higher and tightened supply in some regions. Analysts warn that the trend could keep fueling costs volatile in the near term, even as domestic authorities emphasize that there is no fuel shortage in the country. The pricing shift also comes as refiners draw from existing stockpiles to maintain processing rates, a move that could influence near-term supply dynamics and public spending on transportation.
Beyond Delhi, the price hike underscores the broader challenge of balancing energy security with consumer affordability in a country that remains highly dependent on imported crude. Consumers can expect government advisories and industry briefings to continue outlining the rationale behind the latest adjustments, even as households brace for higher monthly fuel bills and potential ripple effects across goods and services priced with transport costs in mind.