CNG prices hiked by Rs 1 per kg; Petrol, diesel prices up again by up to 94 paise per litre; 3rd increase in 10 days

NEW DELHI: Compressed Natural Gas (CNG) prices have been increased by Rs 1 per kg with effect from Saturday, reportedly issued by Indraprastha Gas Limited (IGL), adding to the commuting burden for users of CNG-powered vehicles. The latest revision comes alongside fresh hikes in petrol and diesel prices across major metropolitan cities.

The latest revision also pushed petrol and diesel prices higher in all four metros. In Delhi, petrol rose by 87 paise to Rs 99.51 per litre from Rs 98.64, leaving it just 49 paise short of the Rs 100 mark. Diesel in the capital is up 91 paise to Rs 92.49 per litre from Rs 91.58.

Kolkata recorded one of the steepest hikes, with petrol up 94 paise to Rs 110.64 per litre and diesel up 95 paise to Rs 97.02 per litre. Mumbai saw petrol increase 90 paise to Rs 108.49 per litre and diesel rise 94 paise to Rs 95.02 per litre. In Chennai, petrol moved up 82 paise to Rs 105.31 per litre while diesel increased 87 paise to Rs 96.98 per litre, sources said.

#WATCH | Petrol price rises by 87 paise to Rs 99.51 per litre and diesel by 91 paise to Rs 92.49 per litre, in Delhi.

Visuals from a fuel pump in Moti Bagh area. pic.twitter.com/4Unk7qF5UI

— ANI (@ANI) May 23, 2026

With CNG now dearer by Rs 1 per kg, daily commuters using autorickshaws, taxis, and CNG-run private vehicles will face higher running costs. The CNG hike also impacts public transport fleets in cities like Delhi and Mumbai, where a large share of buses and cabs run on the fuel.

Petrol and diesel prices were increased again across major metropolitan cities on Saturday, marking the third fuel price hike in less than 10 days amid continuing volatility in global energy markets.

Fuel prices in India are revised based on international crude and gas rates, exchange rates, and local levies. The recent increases come amid elevated global energy prices due to ongoing West Asia tensions and supply concerns, which have kept both crude oil and natural gas markets volatile.

The back-to-back hikes in CNG, petrol, and diesel are set to raise transport and logistics costs, with potential knock-on effects on inflation. For households, the impact will be felt through higher commuting expenses and possible increases in prices of goods transported by road.

The latest revision comes just days after fuel prices were increased earlier this week. On Tuesday, petrol prices in Delhi rose by 87 paise from Rs 97.77 to Rs 98.64 per litre, while diesel prices increased by 91 paise from Rs 90.67 to Rs 91.58 per litre.

Earlier, the central government increased the prices of petrol and diesel by Rs 3 per litre each on May 15 across the country. The repeated hikes come amid a call for fuel conservation as the world faces an energy crisis amid the West Asia conflict, which led to a blockade in the significant maritime trade route, the Strait of Hormuz.

The Brent oil prices have been at a record high in the wake of the US-Israel and Iran war, which began on February 28 this year. The Brent oil price has been hovering over USD 100 per barrel as the US and Iran are attempting to mediate for a long-term ceasefire in the region. The widening of the ambit of the war engulfed the West Asian countries, which are major suppliers of fuel. However, India has maintained that there is no shortage of fuel and has adequate energy supplies. (ANI)