• Source:JND

The Press Information Bureau (PIB) has dismissed a fake post circulating on the internet claiming that petrol and diesel prices were hiked significantly on Wednesday. The post, claiming to be an official order from the Ministry of Petroleum and Natural Gas, stated that the price of petrol has been increased by Rs 10 per litre, while diesel prices have been increased by Rs 12.50 per litre. Officials have also clarified that there has been no increase in fuel prices.

"An order is being circulated on the internet claiming that it has been issued by the Ministry of Petroleum and Natural Gas and states that the prices of petrol and diesel have been increased by Rs 10 and Rs 12.50 respectively. The Government of India has not issued any such order. Always verify such news only from official government sources," PIB Fact Check said in a statement.

It also advised citizens to avoid sharing unverified content that could cause confusion.

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The fake document claimed that global crude oil prices have increased by more than 100 per cent in recent months, leading to huge losses (under-recovery) on petrol and diesel. This necessitated an immediate increase in retail fuel prices. Another document was also circulated, posing as a notification from the Ministry of Finance.

It sought to provide a legal basis for the alleged price hike under the Central Excise Act, 1944. Petroleum prices remain unchanged in major cities.

In Delhi, petrol is priced at Rs 94.77 per litre and diesel at Rs 87.67 per litre. In Mumbai, petrol is priced at Rs 103.54 per litre and diesel at Rs 90.03 per litre.

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Meanwhile, the crude oil prices skyrocketed on Thursday after signs of further extension of the deadlock at the Strait of Hormuz, a key energy supply route in the Persian Gulf, and heightening of tension between the US and Iran amid uncertainty around the second round of peace talks.

The Brent Crude, the global oil benchmark, surpassed the USD 120 per barrel mark for the first time since 2022. At the time of writing, Brent Crude was trading at USD 124.80, up USD 6.8 or 5.77 per cent. At the same time, New York-based oil benchmark 'WTI crude' jumped USD 2.81 or 2.63 per cent to USD 109.69 per barrel.


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