The month of May can give a big shock to the general public on the inflation front. This trend started on May 1 with the increase in the prices of commercial gas cylinders. Now, another news may increase your problems further. The news received from government sources is so important that it can give sleepless nights to the common man. There may be a huge jump in the prices of petrol and diesel in the next few days.
According to government sources, the prices of petrol and diesel may increase by Rs 4 to 5 per liter, as oil companies are currently running in losses. The government is seriously considering changes in fuel prices. If this happens, it will have a direct impact on freight fares and your daily travel cost. In other words, not only will fuel become expensive, but prices of everything from vegetables to milk will increase.
What are the prices of petrol and diesel in your city today? See the list here
City Petrol Diesel 1. New Delhi ₹ 94.77 ₹ 87.67 2. Mumbai ₹ 103.54 ₹ 90.03 3. Kolkata ₹ 105.45 ₹ 92.02 4. Chennai ₹ 100.80 ₹ 92.39 5. Bengaluru ₹ 102.92 ₹ 90.99 6. Hyderabad ₹ 107.41 ₹ 95.65 7. Ahmedabad ₹ 94.56 ₹ 90.25 8. Jaipur ₹ 104.88 ₹ 90.36 9. Lucknow Lucknow ₹ 94.65 ₹ 87.76 10. Patna ₹ 105.18 ₹ 92.04 11. Bhopal ₹ 106.52 ₹ 91.89 12. Guwahati ₹ 93.23 ₹ 89.46 13. Amritsar ₹ 98.29 ₹ 88.06 14. Bhubaneswar ₹ 101.10 ₹ 92.69 15. Chandigarh ₹ 94.30 ₹ 82.45 16. Ranchi ₹ 97.86 ₹ 92.62 17. Raipur ₹ 99.44 ₹ 93.39 18. Dehradun (Dehradun) ₹ 93.17 ₹ 88.01 19. Shimla (Shimla) ₹ 95.27 ₹ 87.31 20. Srinagar (Srinagar) ₹ 100.70 ₹ 86.88
Why can petrol and diesel become expensive?
In fact, fluctuations in international crude oil prices—due to the Iran conflict and the Strait of Hormuz crisis—as well as global economic uncertainty are being cited as the main reasons for this potential increase. For quite some time now, oil companies have been pressing for higher prices to recoup their financial losses. Although no official announcement has been made by the government yet, sources say that a decision in this regard can be taken any time.
When petrol and diesel prices rise, its impact is not limited to vehicle owners only; In fact, everyone gets affected by it, from farmers to delivery people who depend on pump sets for irrigation. As a result, the price of everything increases. Fuel prices were stable for some time, which provided some relief to the general public. But, this potential increase may now “add fuel” to the fire of inflation. If you are thinking of getting your car’s tank filled, then perhaps now is the right time to do so.
