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Economy News, Latest Economic News Today | The HinduBusinessLine

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CNG prices hiked by Rs 1 per Kg from today; petrol, diese...
By ANI · 2026-05-23 · via Economy News, Latest Economic News Today | The HinduBusinessLine
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With CNG now dearer by ₹1 per kg, daily commuters using auto-rickshaws, taxis, and CNG-run private vehicles will face higher running costs

Updated - May 23, 2026 at 11:33 AM.

| New Delhi

Compressed Natural Gas (CNG) prices have been increased by ₹1 per kg with effect from Saturday, reportedly issued by Indraprastha Gas Limited (IGL), adding to the commuting burden for users of CNG-powered vehicles.

The latest revision comes alongside fresh hikes in petrol and diesel prices across major metropolitan cities. The latest revision also pushed petrol and diesel prices higher in all four metros.

In Delhi, petrol rose by 87 paise to ₹99.51 per litre from ₹98.64, leaving it just 49 paise short of the ₹100 mark. Diesel in the capital is up 91 paise to ₹92.49 per litre from ₹91.58.

Kolkata recorded one of the steepest hikes, with petrol up 94 paise to ₹110.64 per litre and diesel up 95 paise to ₹97.02 per litre.

Mumbai saw petrol increase 90 paise to ₹108.49 per litre and diesel rise 94 paise to ₹95.02 per litre. In Chennai, petrol moved up 82 paise to ₹105.31 per litre while diesel increased 87 paise to Rs 96.98 per litre, sources said.

With CNG now dearer by ₹1 per kg, daily commuters using auto-rickshaws, taxis, and CNG-run private vehicles will face higher running costs.

The CNG hike also impacts public transport fleets in cities like Delhi and Mumbai, where a large share of buses and cabs run on the fuel.

Fuel prices in India are revised based on international crude and gas rates, exchange rates, and local levies. The recent increases come amid elevated global energy prices due to ongoing West Asia tensions and supply concerns, which have kept both crude oil and natural gas markets volatile.

The back-to-back hikes in CNG, petrol, and diesel are set to raise transport and logistics costs, with potential knock-on effects on inflation.

For households, the impact will be felt through higher commuting expenses and possible increases in prices of goods transported by road.

Published on May 23, 2026

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