Retail fuel prices increased again on Saturday, May 23, adding fresh pressure on Guwahati residents already dealing with rising transport and household costs.
In Guwahati, petrol prices rose from ₹102.11 to ₹103.01 per litre, while diesel increased from ₹93.44 to ₹94.39 per litre. The latest revision comes as oil marketing companies raised petrol and diesel rates by around 90 paise per litre across the country amid volatile global crude oil prices.
Petrol in Guwahati has crossed ₹103 per litre after the latest fuel price revision on May 23. Diesel has also climbed to ₹94.39 per litre. This is the third fuel price hike since May 15, taking the cumulative increase in petrol and diesel prices to nearly ₹4.8 per litre.
Nationally, petrol and diesel prices were raised for the third time in about 10 days, with public sector oil companies increasing rates by around 90 paise per litre on May 23. Reports linked the rise to high global oil prices and continued financial pressure on oil marketing companies.
This is the third revision within the month. Prices were earlier increased by ₹3 per litre on May 15, followed by another hike of around 90 paise on May 19. With the latest revision, petrol and diesel prices have gone up by nearly ₹4.8 per litre since May 15.
For Guwahati residents, the impact is immediate. Higher fuel prices affect daily office commutes, school transport, private vehicle expenses, app-based rides, delivery costs and the movement of goods into city markets.
Diesel price increases can also influence the cost of transporting vegetables, groceries, construction material and other daily-use goods into Guwahati. Areas such as Fancy Bazaar, Ganeshguri, Beltola, Paltan Bazaar, Maligaon, Six Mile and Narengi depend heavily on daily goods movement by road.
The latest hike comes amid rising global crude oil concerns linked to tensions in West Asia and supply-related uncertainty. Reports said the increase was part of efforts by state-run oil companies to partially offset under-recoveries as global prices remained high.
Retail fuel prices in India had largely remained stable since April 2022, except for a one-time ₹2 per litre reduction announced by the Centre in March 2024 ahead of the Lok Sabha elections. The recent series of hikes therefore marks a noticeable shift for consumers who had seen relatively stable pump prices for a long period.
The price rise also comes at a time when inflation and essential commodity costs are already part of public discussion in Assam. Student organisations and opposition leaders have recently raised concerns over fuel, LPG, and food prices, saying higher costs are affecting common households.
In Guwahati, petrol crossing ₹103 per litre may particularly affect two-wheeler users, daily commuters, small traders, delivery workers and families managing fixed monthly budgets. Diesel users, including transport operators and commercial vehicle owners, may also see increased operating costs.
The next public focus will be on whether fuel prices rise further if global crude oil prices remain elevated. For Guwahati residents, the immediate concern is how repeated price revisions will affect monthly expenses, market rates and transport costs in the coming days.
Guwahati Fuel Price Update
| Fuel | Previous Price | New Price | Increase |
|---|---|---|---|
| Petrol | ₹102.11/litre | ₹103.01/litre | ₹0.90/litre |
| Diesel | ₹93.44/litre | ₹94.39/litre | ₹0.95/litre |
Recent Fuel Price Revisions
| Date | Revision |
|---|---|
| May 15 | Prices increased by ₹3 per litre |
| May 19 | Prices increased by around 90 paise per litre |
| May 23 | Prices increased again by around 90 paise per litre |
Frequently Asked Questions
What is the latest petrol price in Guwahati?
Petrol in Guwahati has increased to ₹103.01 per litre after the latest revision on May 23.
What is the latest diesel price in Guwahati?
Diesel in Guwahati has increased to ₹94.39 per litre after the latest fuel price revision.
Why are fuel prices rising again?
Fuel prices are rising amid high global crude oil prices, supply concerns linked to tensions in West Asia, and financial pressure on oil marketing companies.
How will the fuel price hike affect Guwahati residents?
The hike can increase daily commute expenses, transport costs, delivery charges and goods movement costs, which may also affect market prices of essential items.