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Petrol and Diesel Prices Hiked Again Up by 90 Paise Per Litre in Delhi

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AI insight
AI-generatedIndia-specific retail fuel price hike driven by rising global crude oil prices amid US-Iran conflict. Channel: input_cost passthrough from global crude to domestic retail prices. Affects Indian oil marketing companies (IOC, BPCL, HPCL) margins and consumer fuel expenditure. Impact is country-specific (India).
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources β not direct quotes from the publisher.
- Petrol price in Delhi increased by 90 paise to Rs 98.64 per litre.
- Diesel price in Delhi increased by 90 paise to Rs 91.58 per litre.
- This is the second price hike in five days; previous hike was over Rs 3 per litre.
- Oil companies incurring losses of about Rs 750 crore daily despite recent price adjustments.
- Kolkata has highest petrol price at Rs 109.70 per litre; Chennai highest diesel at Rs 96.11 per litre.
Brent crude likely to remain range-bound as demand concerns offset geopolitical premium.
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Sector impact at a glance
- COMMODITY_OILmid
- COMMODITY_OILshort
- EM_MARKETSmid
- EM_MARKETSshort
- REFININGmid
- REFININGshort