Prices of petrol and diesel were increased once again on Tuesday, May 19, in less than a week by around 90 paise per litre. After the hike, petrol prices in Delhi rose to Rs 98.64 per litre from Rs 97.77 earlier, while diesel rates rose to Rs 91.58 per litre from Rs 90.67.
This revision of fuel prices comes after it was raised by Rs 3 per litre on Friday amid the West Asia crisis, dimming the supply from the Middle East due to disruptions around the Strait of Hormuz.
Petrol Price in Metro Cities
| City | Petrol Price (Rs/Litre) | Change |
|---|---|---|
| Delhi | Rs 98.64 | +0.87 |
| Kolkata | Rs 109.70 | +0.96 |
| Mumbai | Rs 107.59 | +0.91 |
| Chennai | Rs 104.49 | +0.82 |
After a hike of 91 paise today, petrol price in Mumbai increased to Rs 107.59 per litre, while diesel price increased by 94 paise to Rs 94.08 per litre. Kolkata witnessed the hike in petrol prices with the rate increased by 96 paise to Rs 109.70 per litre. Diesel prices climb to Rs 94 per litre to Rs 96.07 per litre.
Also Read | OMCs still losing nearly Rs 750 crore daily despite fuel price hike: Petroleum Secretary.
Diesel Price in Metro Cities
| City | Diesel Price (Rs/Litre) | Change |
|---|---|---|
| Delhi | Rs 91.58 | +0.91 |
| Kolkata | Rs 96.07 | +0.94 |
| Mumbai | Rs 94.08 | +0.94 |
| Chennai | Rs 96.11 | +0.86 |
In Chennai, fuel prices rose by 82 paise and 86 paise, respectively. Petrol has gone up to Rs 104.49 per litre, while diesel is trading at Rs 96.11 per litre.
A consumer said, "I came to know about the fuel price hike in the morning when I left for duty... Due to the war situation, conditions are similar across countries."
"I work in the clothing business and sell garments on the streets. This is a daily earning livelihood for me, and now with fuel prices increasing, it creates difficulties," another consumer said.
The Narendra Modi-led government has stayed on its statement that no fuel shortage in the country despite the global crisis. “There is no need to panic. There are sufficient supplies. There is no rationing in place. It's not going to happen,” oil secretary Neeraj Mittal had said recently at the CII Annual Business Summit.