Nagpur: Petrol and diesel prices witnessed another hike across the country on Monday, with rates increasing by nearly ₹3 per litre within a week. This surge has pushed petrol prices in Nagpur close to the ₹112 mark, while branded fuel has crossed ₹120 per litre.
Current Fuel Prices in Nagpur
Following the latest revision, petrol in Nagpur is now retailing at ₹111.70 per litre, up from ₹108.07. Diesel prices have climbed to ₹98.90 per litre from ₹95.58. Branded petrol prices have also surged sharply, touching ₹120.79 per litre against the earlier ₹118.06.
Reasons Behind the Hike
The latest hike comes amid heightened concerns over global crude oil supply due to the ongoing West Asia conflict. This development follows days after Prime Minister Narendra Modi reiterated the need for austerity and responsible fuel consumption.
District Administration Assures Adequate Stock
District collector Kumar Ashirwad, during a review meeting held on Monday to assess the district's fuel situation, assured that adequate petrol and diesel stock is available in Nagpur. He appealed to citizens to avoid unnecessary hoarding or panic buying.
According to figures reviewed by the district administration, fuel stocks across Nagpur district are currently sufficient to meet demand for the next 3 to 6 days.
Fuel Stock Details by Oil Companies
- Hindustan Petroleum Corporation Limited (HPCL) operates 99 petrol pumps in the district and currently has 1,265 kilolitres (KL) of petrol and 1,497 KL of diesel in stock. The company's outlets record an average daily sale of around 301 KL petrol and 468 KL diesel.
- Bharat Petroleum Corporation Limited (BPCL) operates 143 pumps and has the highest available reserves with 2,494 KL petrol and 3,830 KL diesel in stock. BPCL outlets witness average daily sales of 412 KL petrol and 930 KL diesel.
- Indian Oil Corporation Limited (IOCL) has 1,280 KL petrol and 2,050 KL diesel available across its 136 pumps. IOCL pumps sell nearly 255 KL petrol and 510 KL diesel every day.
Supply Chain and Measures
Officials said fuel supply from Mumbai and other refineries remains uninterrupted. After reviewing the situation with oil company representatives and senior officials, the collector directed companies and pump operators to ensure that no artificial shortage is created in the district.
The administration has also permitted dispensing diesel in cans for agricultural purposes after identity verification. Farmers can obtain up to 40 litres of diesel daily upon producing valid documents such as Aadhaar cards or 7/12 extracts.
Police have been asked to monitor overcrowding and prevent disputes at petrol pumps.
Warning Against Violations
Warning against violations, Ashirwad said strict action would be taken under provisions of the Petroleum Rules, the Disaster Management Act and other applicable laws against anyone found creating artificial shortages or violating directives.
