New Delhi, May 25: Fuel prices in India saw another increase on Monday, with petrol rising by ₹2.61 per liter and diesel by ₹2.71 per liter. This marks the fourth price hike in just ten days, exacerbating the financial strain on the general public, particularly the middle class.
Frustrated customers at petrol stations in Delhi expressed their discontent over the rising costs. Many stated that the continuous price hikes are directly impacting their budgets and daily lives.
One individual remarked, “The price increases are affecting us significantly. I believe they will continue to rise. We need some control over this; otherwise, it will lead to more problems.”
Another customer added, “Work is scarce, yet petrol prices keep climbing. Typically, we fill up ₹300 worth of fuel daily, but business has dwindled because customers are unwilling to pay that much, and companies are lowering rates. This situation is becoming increasingly burdensome for the middle class.”
This recent hike has added to the economic burden faced by ordinary citizens, travelers, and the transportation sector. Prior to this increase, petrol was priced at ₹99.51 per liter and diesel at ₹92.49 per liter in Delhi. Now, petrol costs ₹102.12 per liter, while diesel has reached ₹95.20 per liter.
On May 23, state-owned oil companies had already raised petrol prices by ₹0.87 per liter and diesel by ₹0.91 per liter. The ongoing rise in global crude oil prices has prompted these adjustments, marking the fourth increase in fuel rates within the last ten days. On May 15, oil companies began passing on the increased energy costs to consumers due to conflicts in West Asia.
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PSK
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