CNG Prices Rise Again in Delhi-NCR Amid Global Crude Pressure
CNG prices increased by Re 1 in Delhi-NCR, second hike in two days
Business Standard
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Compressed natural gas (CNG) prices in Delhi-NCR have increased by Re 1 per kg, marking the second price hike in two days. The new price is ₹80.09 per kg in Delhi and ₹88.70 per kg in Noida and Ghaziabad, driven by rising global crude oil prices that have also affected petrol and diesel rates.
- 01CNG prices in Delhi increased from ₹79.09 to ₹80.09 per kg, while in Noida and Ghaziabad, prices rose to ₹88.70 per kg.
- 02This is the second increase in CNG prices within two days, following a ₹2 per kg hike on May 15.
- 03The recent hikes in CNG prices are part of a broader trend affecting transport fuels, including petrol and diesel.
- 04Petrol prices in New Delhi rose to ₹97.77 per litre, while diesel prices increased to ₹90.67 per litre.
- 05The price variations across states are attributed to differing value-added tax rates.
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Compressed natural gas (CNG) prices in Delhi-NCR have seen a Re 1 increase per kg, bringing the new cost to ₹80.09 in Delhi and ₹88.70 in Noida and Ghaziabad. This marks the second price hike in just two days, as the region grapples with rising global crude oil prices. Earlier, on May 15, CNG prices had already increased by ₹2 per kg, reflecting ongoing pressure in the transport fuel market. The recent adjustments come on the heels of a significant rise in petrol and diesel rates, which were raised by ₹3 per litre on Friday, marking the first increase in over four years. Following this adjustment, petrol prices in New Delhi surged to ₹97.77 per litre from ₹94.77, while diesel prices rose to ₹90.67 per litre from ₹87.67. The fluctuations in fuel prices are influenced by the global crude market and vary across states due to differences in value-added tax rates. This situation highlights the increasing costs consumers face for essential transport fuels.
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The increase in CNG prices will directly affect the commuting costs for residents in Delhi-NCR, leading to higher expenses for daily transport.
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