For the last four years, government oil companies have not increased the prices of petrol and diesel.
This has given some relief to common people.
However, private companies have started making changes.
Last month, Shell India and Nayara Energy increased fuel prices, which caught attention.
At present, petrol at Indian Oil pumps in Delhi is priced at Rs 101.89 per liter, while diesel costs Rs 87.67 per liter.
Private Companies Increase Fuel Prices
Shell India increased petrol prices by Rs 7.41 per liter and diesel by a sharp Rs 25.01 per liter on April 1.
After this hike, the company has not made any further changes.
Similarly, Nayara Energy also raised fuel prices earlier.
On March 26, the company increased petrol prices by Rs 5 and diesel by Rs 3 per liter.
Currently, petrol at Nayara pumps is priced at Rs 100.72 per liter, while diesel is at Rs 91.31 per liter.
Premium Fuel Prices See Big Jump
There has also been a noticeable increase in premium fuel prices.
Premium petrol prices have gone up from Rs 149 to Rs 160 per liter.
Premium diesel prices have also increased slightly, from Rs 91.49 to Rs 92.99 per liter.
Petrol Prices in Major Cities
Here are the latest petrol prices in different cities:
New Delhi – Rs 94.77
Kolkata – Rs 105.41
Mumbai – Rs 103.54
Chennai – Rs 101.06
Gurugram – Rs 95.30
Noida – Rs 94.77
Bengaluru – Rs 103.96
Bhubaneswar – Rs 101.03
Chandigarh – Rs 94.30
Hyderabad – Rs 107.46
Jaipur – Rs 105.03
Lucknow – Rs 94.73
Diesel Prices in Major Cities
Here’s how diesel prices look across cities:
New Delhi – Rs 87.67
Kolkata – Rs 92.02
Mumbai – Rs 90.03
Gurugram – Rs 87.77
Noida – Rs 87.89
Bengaluru – Rs 90.99
Bhubaneswar – Rs 92.60
Chandigarh – Rs 82.45
Hyderabad – Rs 95.70
Jaipur – Rs 90.49
Lucknow – Rs 87.86
Why Are Fuel Prices Rising?
One of the main reasons behind rising fuel prices is the increase in crude oil prices in the international market.
Due to ongoing global conflicts, crude oil prices have crossed $100 per barrel.
This has put pressure on oil companies and increased the chances of price hikes.
Will Government Companies Increase Prices?
So far, government oil companies have kept prices stable.
But with rising crude oil costs, there is a possibility that petrol and diesel prices may increase in the coming time.
About the Author
Tarun Pratap Singh has been working with Live Hindustan since October 2020.
He is part of the business team and covers topics like the stock market, personal finance, commodities, and government schemes.
He has also done ground reporting and interviews during major events like elections and large public gatherings.
He studied at Banaras Hindu University and holds a diploma in Hindi journalism from the Indian Institute of Mass Communication.
He has experience covering elections, major events, and producing video reports that have gained national attention.
