CNG Prices in Delhi-NCR Jump and Fuel Cost Pressure
CNG prices in Delhi-NCR jumped again. Two rupees per kilogram. That brought the retail price up to eighty-three point zero nine. It’s just another layer of pressure on everyone dealing with fuel costs.
This latest bump didn’t come out of nowhere. It’s part of the ongoing climb in petrol and diesel prices. State-run fuel retailers are just passing along the impact of those global crude oil price swings. It’s a constant burden for households and transport operators.
We’re talking about the third round of CNG hikes since mid-May. It’s been moving constantly.
Remember that May? Things started shifting then. On the fifteenth, they raised rates by two rupees a kilogram. Then another small hike, just one rupee on the seventeenth. By the twenty-third, it was four rupees total.
Now, Tuesday brought another two rupees. The cumulative increase since mid-May is climbing fast. It just shows how much pressure fuel retailers are under right now.
The real issue seems to be those global markets. Oil prices are volatile. The US-Israeli strikes around Iran, the mess in the Strait of Hormuz—all that stuff pumps up the cost. And then you have the rupee weakening. That just feeds into everything.
Petrol and diesel prices are seeing similar chaos. They’ve also been revised up repeatedly over the last couple of weeks. May twenty-fifth saw a jump. Two point sixty-one per litre for petrol. And diesel followed with two point seventy-one. That was the fourth increase in less than two weeks.
The total cumulative hike in petrol and diesel since May fifteenth? Nearly seven point five per litre. That’s a lot to swallow.
Delhi’s petrol hit one hundred two point twelve per litre. Diesel was up to ninety-five point twenty. Those figures shift around.
Meanwhile, the oil firms themselves are under serious strain. Indian Oil, Bharat Petroleum, Hindustan Petroleum—they control nearly ninety percent of the retail market. But they’re facing mounting pressure.
There’s talk about losses. The Petroleum Ministry Joint Secretary, Sujata Sharma, mentioned that even with these price increases, these state-run companies are still taking substantial daily losses. Industry estimates suggest that these under-recoveries on sales of petrol, diesel, and domestic LPG just keep happening, no matter how much the rates change.
These repeated increases? They’re just adding fuel to the fire. Analysts are warning that this energy price spike is going to keep pushing up inflation. It’s going to keep weighing on consumers and the whole economy for weeks to come. It’s just a slow grind, really.
Written by Gree News Team — Senior Editorial Board
Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.
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