Petrol and diesel prices in Delhi increased by Rs 3 per litre on Friday [1].
The price hike follows a period of volatility in the international oil market. Because fuel costs directly influence transportation and logistics, these increases typically lead to higher prices for consumer goods across the region.
Oil companies and the central government said the move was due to higher input costs [2]. Officials also said there were concerns over supply disruptions in the international oil market, which have been exacerbated by the ongoing West Asia crisis [2].
In Delhi, the price of petrol rose to ₹97.77 per litre [3], up from the previous rate of ₹94.77 per litre [3]. The increase of Rs 3 per litre was applied to both petrol and diesel [4].
Reports on the new diesel price in Delhi vary. One report indicates the new price is ₹90.67 per litre [5], an increase from the previous rate of ₹89.67 per litre [5]. However, another report lists the new diesel price as ₹99.67 per litre [6].
These revised rates are effective immediately and impact Delhi-NCR, as well as other major metro cities [7]. The price adjustment reflects the struggle of oil companies to manage losses amid fluctuating global crude prices and geopolitical instability.
“Petrol and diesel prices in Delhi increased by Rs 3 per litre on Friday”
This price hike underscores India's vulnerability to geopolitical instability in West Asia. As a major importer of crude oil, India's domestic fuel pricing remains tightly linked to international supply chains; any disruption in that region creates immediate inflationary pressure on the Indian economy.
