CNG Prices Rise by Rs 2 in Delhi, Fourth Hike in 15 Days

CNG will now cost Rs 83.09 per kg in the national capital.

The latest revision marks the fourth hike in CNG prices in less than 15 days. It comes just days after the previous increase of Re 1 per kg on Saturday. The hike is also expected to impact public transport fleets in cities like Delhi, where a large number of buses and cabs run on CNG.

Petrol and diesel prices were also increased again on Monday, marking the fourth hike in less than two weeks amid continued volatility in global crude markets and geopolitical tensions in West Asia.

Following the latest revision, petrol prices in Delhi crossed the Rs 100 mark, rising by Rs 2.61 to Rs 102.12 per litre, while diesel prices increased by Rs 2.71 to Rs 95.20 per litre.

Similar hikes were recorded across major metropolitan cities, including Kolkata, Mumbai and Chennai, adding to the burden on consumers and transport operators.

In Kolkata, petrol prices rose by Rs 2.87 to Rs 113.51 per litre, while diesel increased by Rs 2.80 to Rs 99.82 per litre.

In Mumbai, petrol became costlier by Rs 2.72 and is now priced at Rs 111.21 per litre, whereas diesel climbed by Rs 2.81 to Rs 97.83 per litre.

In Chennai, petrol prices increased by Rs 2.46 to Rs 107.77 per litre, while diesel rose by Rs 2.57 to Rs 99.55 per litre.

The latest revision follows three successive hikes in recent days. On May 15, petrol and diesel prices were increased by Rs 3 per litre each. This was followed by another increase on May 19, when fuel prices were raised by 90 paise per litre.

On May 23, petrol prices rose by 87 paise per litre, while diesel prices increased by 91 paise per litre, making the current revision the fourth hike in under two weeks.

Fuel prices in India are revised based on international crude and gas rates, exchange rates and local levies. The recent increases come amid elevated global energy prices due to ongoing tensions in West Asia and supply concerns, which have kept crude oil and natural gas markets volatile.

The back-to-back hikes in CNG, petrol and diesel are expected to raise transport and logistics costs, with possible ripple effects on inflation. Households are also likely to feel the impact through higher commuting expenses and rising prices of goods transported by road.

However, the Centre maintained that it has forgone nearly Rs 14,000 crore in tax revenue after reducing excise duty on petrol and diesel to shield consumers from rising fuel prices, according to Sujata Sharma, Joint Secretary in the Petroleum Ministry.

The government had cut central excise duty by Rs 10 per litre on both petrol and diesel on March 27 following a sharp rise in global crude oil prices due to tensions in West Asia.