Delhi CNG price rises to 83.09 rupees/kg after fourth hike

The price of compressed natural gas in Delhi rose by 2 rupees per kilogram on Tuesday, marking the fourth increase in less than two weeks. The new rate of 83.09 rupees per kilogram in the capital took effect early in the morning.

This latest adjustment brings the cumulative increase since May 15 to 7 rupees per kilogram in Delhi. The hikes have occurred in rapid succession, following increases of 2 rupees, 1 rupee, and another 1 rupee per kilogram on preceding days. Similar price revisions have been implemented in other areas, with CNG now costing 88.70 rupees per kilogram in Noida, Greater Noida, and Ghaziabad, and 84 rupees per kilogram in Mumbai.

The increases are part of a broader surge in domestic fuel costs. Petrol and diesel prices were also raised, with petrol increasing by 2.61 rupees per litre to 102.12 rupees and diesel by 2.71 rupees per litre to 95.20 rupees in Delhi. The cumulative increase for both fuels since mid-May stands at nearly 7.5 rupees per litre, reaching their highest levels since May 2022. Officials from state-owned oil marketing companies have cited the need to balance rising crude import costs and maintain stable supplies amid ongoing geopolitical...