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Petrol, Diesel Prices Increased By Nearly 90 Paise Per Litre, Second Hike In A Week

Fuel prices were increased for the second time in less than a week on Tuesday, with petrol and diesel rates going up by as much as 90 paise per litre across major metro cities.

Petrol and diesel prices were increased by up to 90 paise per litre on Tuesday, marking the second revision in fuel rates within less than a week.

In the national capital, petrol prices rose to Rs 98.64 per litre from Rs 97.77 earlier, while diesel prices increased to Rs 91.58 per litre from Rs 90.67, PTI reported citing industry sources.

The latest revision comes days after fuel prices were increased by Rs 3 per litre on Friday.

Metro Cities See Fresh Increase

In Delhi, petrol prices went up by 87 paise to Rs 98.64 per litre, while diesel became costlier by 91 paise and is now retailing at Rs 91.58 per litre.

Mumbai recorded a rise of 91 paise in petrol prices, taking the rate to Rs 107.59 per litre. Diesel prices in the city increased by 94 paise to Rs 94.08 per litre.

Kolkata witnessed the sharpest increase in petrol prices among the four metros, with rates climbing by 96 paise to Rs 109.70 per litre. Diesel prices there rose by 94 paise to Rs 96.07 per litre.

In Chennai, petrol prices increased by 82 paise to Rs 104.49 per litre, while diesel rates were raised by 86 paise to Rs 96.11 per litre.

As fuel prices see a hike of 90 paise per litre, a consumer at the Gole Market Fuel Station said: "Cost of travelling will now increase. Inflation will rise... It will get very inconvenient for the common people now."

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Petrol, Diesel Rates Up Rs 3 Per Litre As Global Oil Prices Jump

Petrol and diesel prices were increased by Rs 3 per litre on Friday, marking the first hike in more than four years, as state-owned fuel retailers moved to offset mounting losses caused by soaring global crude oil prices amid the ongoing Iran conflict.

Fuel prices continue to differ across states because of variations in value-added tax (VAT).

The latest increase comes after compressed natural gas (CNG) prices were also revised upward earlier this month. On May 15, CNG rates were raised by Rs 2 per kg in several cities, including Delhi and Mumbai, followed by another hike of Re 1 per kg on Sunday.

International crude oil prices have climbed by over 50 per cent since February 28 following US-Israeli strikes on Iran and Tehran’s subsequent retaliation, which disrupted movement through the Strait of Hormuz, one of the world’s most crucial oil transit routes.

Despite the sharp rise in global energy prices, retail fuel rates had remained unchanged for months, with the government stating that the freeze was intended to protect consumers from inflationary pressure. Opposition parties, however, alleged that the decision was politically driven as several key states were heading into Assembly elections.

ALSO READ: US Extends Sanction Waiver On Russian Oil By 30 Days To Aid Vulnerable Nations

About the author Apoorva Gupta

Apoorva Gupta is a Copy Editor at ABP Live English, where she covers politics, crime, international affairs, and hyperlocal developments. She handles breaking news, contributes to real-time updates, live blogs, visual stories, and sharp headlines during fast-paced news cycles. Her keen eye for news brings accuracy and strong editorial judgement to the general desk.

For any tips and queries, you can reach out to her at apoorvag@abpnetwork.com.

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