Residents across Delhi-NCR have received another inflation-related shock as compressed natural gas (CNG) prices have once again been increased. According to the latest revision effective from May 17, CNG rates have been raised by ₹1 per kilogram across several cities.
This marks the second CNG price hike within just two days. Earlier, on May 15, prices had already been increased by ₹2 per kilogram. As a result, the total increase in CNG prices over the last 48 hours has reached ₹3 per kilogram.
Following the latest hike, updated CNG prices are as follows:
| City | New CNG Price |
|---|---|
| Delhi | ₹80.09/kg |
| Noida | ₹88.70/kg |
| Ghaziabad | ₹88.70/kg |
The revised rates came into effect from May 17.
Industry sources say the recent fuel price hikes are linked mainly to rising global crude oil and gas prices. Ongoing geopolitical tensions and supply disruptions in international energy markets have reportedly increased pressure on oil and gas companies.
Reports indicate that global crude prices have surged sharply following tensions involving Iran and disruptions around the Strait of Hormuz — a key global oil and gas shipping route. Concerns over supply disruptions and rising energy costs are also increasing inflation fears globally.
The latest CNG revision comes shortly after petrol and diesel prices were also increased.
According to reports:
Updated fuel prices in Delhi now stand at:
Earlier, petrol was priced at ₹94.77/litre and diesel at ₹87.67/litre.
Reports suggest the latest revisions have pushed petrol and diesel prices to their highest levels since May 2022. Prices had largely remained stable after April 2022, except for a temporary ₹2 per litre cut before the 2024 Lok Sabha elections.
Despite the increase in CNG, there has been no immediate change in:
However, reports mention that oil companies are still reportedly facing losses on domestic LPG cylinders despite earlier price increases.
Updated fuel prices in other major cities are reportedly:
Fuel rates vary across states due to differences in VAT and local taxes.
Narendra Modi has reportedly appealed to citizens to conserve fuel amid rising global energy prices and pressure on India’s foreign exchange reserves.
According to the report, suggestions include:
Some state governments have also reportedly advised departments to reduce travel and operate with limited staff presence where feasible.
Experts believe continuous fuel price increases could affect:
Since CNG is widely used in:
higher prices may indirectly affect daily commuting and logistics costs for consumers.
The report also noted that private fuel retailers had already increased fuel prices earlier:
In some cities like Bengaluru, Shell fuel prices have reportedly crossed ₹119/litre for petrol and ₹123/litre for diesel.
