New Delhi: Fuel prices across India have increased once again following continued volatility in global crude oil markets linked to geopolitical tensions in West Asia, pushing petrol and diesel rates higher in major cities including Delhi, Mumbai, Kolkata and Chennai.
The latest revision comes just days after a previous nationwide fuel hike, with petrol prices now raised by up to Rs 0.86 per litre and diesel by around Rs 0.83 per litre in several cities.
The repeated increase reflects mounting pressure on oil marketing companies amid rising international crude oil prices and supply concerns linked to disruptions in global shipping routes.
Petrol prices revised across major Indian cities
Following the latest revision, petrol prices in major metropolitan cities have climbed further.
In New Delhi, petrol is now priced at Rs 98.64 per litre, while diesel costs Rs 91.58 per litre.
In Mumbai, petrol has reached Rs 107.59 per litre and diesel Rs 94.08 per litre.
In Kolkata, petrol is now being sold at Rs 109.70 per litre, while diesel stands at Rs 96.07 per litre.
Meanwhile, in Chennai, petrol prices have risen to Rs 104.46 per litre and diesel to Rs 96.11 per litre.
Bengaluru among cities witnessing increase
Fuel prices in Bengaluru have also increased following the latest revision.
Petrol in Bengaluru is now priced at Rs 107.12 per litre, while diesel costs Rs 95.04 per litre.
Other cities including Hyderabad, Jaipur, Patna and Thiruvananthapuram have also recorded notable increases in both petrol and diesel rates.
Global crude oil volatility behind price rise
The latest fuel price revision has been largely attributed to sharp fluctuations in global crude oil prices.
International oil markets have remained under pressure amid geopolitical tensions and fears of supply disruptions in key crude oil transit regions.
Industry analysts say oil marketing companies had been absorbing heavy losses for several weeks before recent price hikes were introduced.
Reports indicate that daily losses for fuel retailers had risen significantly due to the mismatch between global crude costs and domestic retail prices.
Impact likely across transport and household sectors
Rising fuel prices are expected to have a wider impact on transportation costs, logistics operations and household expenses across India.
Public transport operators and commercial vehicle owners are likely to face higher operating costs, which may eventually affect passenger fares and freight charges.
Consumers dependent on CNG vehicles, PNG connections and LPG cylinders could also feel indirect financial pressure if global energy prices continue to remain elevated.
Economists warn that sustained fuel inflation could contribute to broader increases in prices of goods and services due to higher transportation and supply-chain expenses.
Oil companies under financial pressure
Before the recent hikes, fuel prices in India had remained largely stable for nearly four years despite fluctuations in global crude oil markets.
However, prolonged geopolitical instability and rising import costs have intensified pressure on oil marketing companies.
Industry sources estimate that companies were incurring heavy daily losses while maintaining earlier retail prices.
The recent revisions are being viewed as attempts to partially reduce these under-recoveries without triggering a sharp inflationary shock.
Conclusion
The latest increase in petrol and diesel prices signals continued pressure on India’s fuel market amid volatile global crude oil conditions. With international tensions still affecting energy supply chains, consumers and industries may continue to face uncertainty over fuel costs in the coming weeks.
| City | Petrol Price |
|---|---|
| New Delhi | Rs 98.64/litre |
| Mumbai | Rs 107.59/litre |
| Kolkata | Rs 109.70/litre |
| Chennai | Rs 104.46/litre |
| Bengaluru | Rs 107.12/litre |
| Hyderabad | Rs 111.88/litre |
| Jaipur | Rs 109.32/litre |
| Patna | Rs 110.02/litre |
| City | Diesel Price |
|---|---|
| New Delhi | Rs 91.58/litre |
| Mumbai | Rs 94.08/litre |
| Kolkata | Rs 96.07/litre |
| Chennai | Rs 96.11/litre |
| Bengaluru | Rs 95.04/litre |
| Hyderabad | Rs 99.95/litre |
| Jaipur | Rs 94.50/litre |
| Patna | Rs 96.05/litre |