Fuel prices raised again, Petrol nears ₹110 per litre in Kolkata

​In a major blow to consumer households already battling inflationary pressures, state-run oil marketing companies (OMCs) executed a sharp upward revision in retail fuel prices on Tuesday. Both petrol and diesel rates were hiked by an average of 90 paise per litre across the country. This latest administrative price revision marks the second significant fuel spike in less than five days, closely following a steep, nationwide ₹3 per litre rate increase implemented by the central government last Friday.

The latest price adjustments have had an uneven structural impact across major metros due to varying state-level Value Added Taxes (VAT) and freight charges. Among the country's top municipal hubs, Kolkata registered the absolute highest price rise. In the capital of West Bengal, petrol prices surged by 96 paise, bringing it dangerously close to the psychological milestone at ₹109.70 per litre. Concurrently, diesel prices in the city advanced by 94 paise to settle at ₹96.07 per litre, raising concerns regarding a potential cascading impact on essential commodity distribution costs.

Other metropolitan cities mirrored the aggressive pricing trend on Tuesday morning. In the national capital of Delhi, petrol prices climbed by 87 paise to retail at ₹98.64 per litre, while diesel climbed 91 paise to stand at ₹91.58 per litre. Financial capital Mumbai witnessed its petrol rates hitting ₹107.59 per litre, with diesel trailing at ₹94.08. Meanwhile, fuel stations in Chennai reported revised price boards indicating ₹104.49 per litre for petrol and ₹96.11 per litre for diesel after absorbing the morning's state-backed revision.