New Delhi, May 26 (BNP): Compressed Natural Gas (CNG) prices were increased by ₹2 per kilogram in the national capital on Tuesday, marking yet another rise in fuel costs amid continued volatility in global energy markets and mounting pressure on domestic fuel companies.
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With the latest revision by authorities, the price of CNG in Delhi has increased to ₹83.09 per kg from ₹81.09 per kg. The hike comes as part of a series of fuel price revisions witnessed over the past two weeks, during which CNG rates have gone up multiple times.
The revised rates have also impacted neighbouring cities in the National Capital Region (NCR). Consumers in Noida, Ghaziabad and Greater Noida will now pay ₹91.70 per kg, while the price in Gurugram has risen to ₹88.12 per kg. In other cities, CNG prices climbed to ₹92.44 per kg in Ajmer and ₹95 per kg in Chennai.
The latest increase follows a ₹1 per kg hike announced just days ago, making it the fourth upward revision in a short span. Alongside CNG, petrol and diesel prices have also seen repeated increases recently, adding to concerns over rising transportation and household expenses.
Industry experts attribute the continued fuel price surge to elevated global crude oil prices and supply uncertainties linked to tensions in West Asia. Concerns over disruptions around key oil transit routes have intensified market volatility, increasing import costs for countries heavily dependent on energy imports, including India.
The repeated hikes are expected to impact commuters, transport operators and businesses relying on fuel, potentially leading to higher transportation and logistics costs across sectors.