{"id":36663,"date":"2026-04-23T09:30:53","date_gmt":"2026-04-23T09:30:53","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=36663"},"modified":"2026-04-23T09:30:53","modified_gmt":"2026-04-23T09:30:53","slug":"no-plan-yet-to-raise-petrol-diesel-prices-oil-ministry","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/no-plan-yet-to-raise-petrol-diesel-prices-oil-ministry\/","title":{"rendered":"No plan yet to raise petrol, diesel prices: Oil Ministry"},"content":{"rendered":"

NEW DELHI: The government on Thursday dismissed reports suggesting petrol and diesel prices may be hiked by Rs 25-28 a litre soon after assembly elections, saying there is no such proposal under consideration.<\/p>\n

\u201cThere are some news reports suggesting a price hike of petrol and diesel. It is hereby clarified that there is no such proposal under consideration by the government,\u201d the Ministry of Petroleum and Natural Gas said in a post on X.<\/p>\n

The clarification came after a report by Kotak Institutional Equities hinted of a steep increase in petrol and diesel prices once the polling for assembly elections in states like West Bengal ends on April 29. Kotak projected a Rs 25-28 a litre increase in price based on crude oil staying close to USD 120 per barrel.<\/p>\n

The ministry said such reports are \u201cdesigned to create fear and panic amongst the citizens and are mischievous and misleading.\u201d \u201cIn fact, India is the only country where petrol and diesel prices haven\u2019t increased in the last four years,\u201d it said. \u201cGovernment of India and oil PSUs have taken relentless steps in order to insulate the Indian citizens from steep increases in international prices.\u201d International oil prices spiked after US and Israel attacked Iran on February 28, and Tehran\u2019s sweeping retaliation that effectively shut the Strait of Hormuz one of the world\u2019s most critical energy arteries, linking the Persian Gulf to global markets and handling roughly a fifth of global oil trade along with significant volumes of liquefied natural gas.<\/p>\n

After the Iran war, oil prices spiked from around USD 70 per barrel to USD 119 before seeing some correction. Renewed tensions have pushed Brent \u2013 the world\u2019s most known crude oil benchmark to USD 103-106 per barrel.<\/p>\n

Despite a more than 50 per cent rise in input crude oil prices, petrol and diesel rates have remained unchanged in India. Petrol is priced at Rs 94.77 a litre in the national capital and diesel comes for Rs 87.67.<\/p>\n

\"No
No plan yet to raise petrol, diesel prices: Oil Ministry<\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI: The government on Thursday dismissed reports suggesting petrol and diesel prices may be hiked by Rs 25-28 a litre soon after assembly elections, saying there is no such proposal under consideration. \u201cThere are some news reports suggesting a price hike of petrol and diesel. It is hereby clarified that there is no such […]<\/p>\n","protected":false},"author":2,"featured_media":36664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[67,89],"tags":[],"class_list":["post-36663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-header","category-national"],"gutentor_comment":0,"yoast_head":"\nNo plan yet to raise petrol, diesel prices: Oil Ministry<\/title>\n<meta name=\"description\" content=\"The government on Thursday dismissed reports suggesting petrol and diesel prices may be hiked by Rs 25-28 a litre soon after elections\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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