Petrol and diesel prices across India have been revised upward after oil marketing companies announced a fresh hike of around Rs 3 per litre amid continued pressure from elevated global crude oil prices linked to the West Asia crisis and disruptions around the Strait of Hormuz.According to the latest revised rates, petrol prices have crossed Rs 110 per litre in some states, including Telangana, Kerala and Andhra Pradesh, while diesel prices are nearing the Rs 100 mark in many regions.
Major cities: Latest petrol prices
As per the revised rates, petrol in New Delhi now costs Rs 97.77 per litre after a Rs 3 hike. In Mumbai, petrol is retailing at Rs 106.64 per litre, while Chennai and Kolkata have also seen sharp increases.
Petrol Price in Indian Metro Cities & State Capitals
| City | Price (Rs/litre) | Change |
|---|---|---|
| New Delhi | 97.77 | +3.00 |
| Kolkata | 108.70 | +3.25 |
| Mumbai | 106.68 | +3.14 |
| Chennai | 103.67 | +2.87 |
| Hyderabad | 110.89 | +3.39 |
Among states, Andhra Pradesh recorded petrol prices at Rs 113.03 per litre, one of the highest in the country. Kerala stood at Rs 110.75, while Telangana recorded Rs 110.89 per litre.
State-Wise Petrol Price in India
| State/UT | Price (Rs/litre) | Change |
|---|---|---|
| Andhra Pradesh | 113.03 | +3.29 |
| Delhi | 97.77 | +3.00 |
| Karnataka | 106.21 | +3.25 |
| Kerala | 110.58 | +3.20 |
| West Bengal | 108.70 | +3.25 |
Diesel prices also surge
Diesel prices have also increased sharply across the country. In Delhi, diesel now costs Rs 90.67 per litre, while Hyderabad and Kerala are nearing Rs 100 per litre.
Diesel Price in Indian Metro Cities & State Capitals
| City | Price (Rs/litre) | Change |
|---|---|---|
| New Delhi | 90.67 | +3.00 |
| Kolkata | 95.13 | +3.11 |
| Mumbai | 93.14 | +3.11 |
| Chennai | 95.25 | +2.86 |
| Hyderabad | 98.96 | +3.26 |
State-Wise Diesel Price in India
| State/UT | Price (Rs/litre) | Change |
|---|---|---|
| Andhra Pradesh | 100.71 | +3.14 |
| Delhi | 90.67 | +3.00 |
| Kerala | 99.35 | +3.09 |
| Tamil Nadu | 95.25 | +2.86 |
| West Bengal | 95.13 | +3.11 |
India had so far avoided raising petrol and diesel prices despite a steep jump in global crude oil prices triggered by the Iran conflict and the Strait of Hormuz crisis.However, mounting under-recoveries suffered by oil marketing companies forced the latest revision. State-run oil companies are estimated to be losing between Rs 1,000 crore and Rs 1,200 crore daily due to elevated crude prices and previously unchanged retail fuel rates.India imports nearly 90 per cent of its crude oil requirements, making domestic fuel prices highly sensitive to global energy shocks.
