Hyderabad:
- Petrol: ₹112.45 per liter
- Diesel: ₹98.30 per liter
Delhi:
- Petrol: ₹108.20 per liter
- Diesel: ₹94.95 per liter
Chennai:
- Petrol: ₹115.15 per liter
- Diesel: ₹101.30 per liter
Mumbai:
- Petrol: ₹114.80 per liter
- Diesel: ₹99.45 per liter
News Article:
In a development that has sparked concerns among consumers and businesses alike, petrol and diesel prices witnessed a significant uptick across major Indian cities on September 23, 2023. The rise in fuel prices can be attributed to a combination of global factors, including increasing crude oil prices and supply chain disruptions, putting additional pressure on already strained wallets.
Hyderabad, known for its fast-growing economy, saw petrol prices surge to ₹112.45 per liter, while diesel prices reached ₹98.30 per liter. This increase has raised alarms among commuters and businesses heavily reliant on transportation, who are now bracing for the economic impact of higher fuel costs.
Delhi, the national capital, experienced a similar price surge, with petrol selling at ₹108.20 per liter and diesel at ₹94.95 per liter. The rise in fuel prices comes as a blow to residents who were already grappling with inflationary pressures.
In Chennai, the capital of Tamil Nadu, petrol prices soared to ₹115.15 per liter, while diesel prices reached ₹101.30 per liter. The situation has garnered attention from various sectors, as industries and logistics businesses brace for increased operational costs.
Mumbai, the financial capital of India, wasn’t spared from this surge either. Petrol prices reached ₹114.80 per liter, and diesel prices stood at ₹99.45 per liter, adding to the challenges faced by Mumbaikars in an already expensive city.
Industry experts suggest that these price hikes are primarily due to the increasing cost of crude oil in the international market, coupled with supply chain disruptions that have impeded the distribution of petroleum products. Geopolitical tensions and a growing demand for oil globally have further exacerbated the situation.
The government has been closely monitoring the situation, with authorities expressing their concern over the impact on the common man. They are considering various measures to mitigate the burden on consumers, such as revisiting fuel subsidies and exploring alternative energy sources.
As fuel prices continue to rise, consumers and businesses are urged to adopt fuel-efficient practices and explore alternative transportation options to ease the strain on their budgets.
Summary:
- On September 23, 2023, fuel prices surged in major Indian cities.
- Hyderabad witnessed petrol at ₹112.45 per liter and diesel at ₹98.30 per liter.
- Delhi’s prices stood at ₹108.20 per liter for petrol and ₹94.95 per liter for diesel.
- In Chennai, petrol reached ₹115.15 per liter, and diesel was priced at ₹101.30 per liter.
- Mumbai saw petrol prices at ₹114.80 per liter and diesel at ₹99.45 per liter.
- The rise is attributed to global factors, including increased crude oil prices and supply chain disruptions.
- The government is considering measures to ease the burden on consumers and explore alternative energy sources