1 day ago
MGL Raises Mumbai CNG Prices by Rs 2 Per Kilogram
CNG is a fuel used by many vehicles.
MGL has made CNG cost Rs 2 more per kilogram in Mumbai.
When fuel becomes more expensive, driving and transporting goods can also cost more.
This has affected auto-rickshaws, taxis and goods carriers in Delhi-NCR.
These vehicles largely use CNG.
A conflict in the Middle East has now lasted six months.
It has helped push crude oil prices above $90 per barrel.
However, oil prices are still below an earlier high of $126 per barrel.
Mahanagar Gas Limited announced a Rs 2-per-kilogram increase in CNG prices in Mumbai.
Repeated CNG price increases have raised transport and freight costs across Delhi-NCR.
Auto-rickshaws, taxis and goods carriers in Delhi-NCR largely depend on CNG.
The Middle East conflict has entered its sixth month.
Crude oil prices have risen above $90 per barrel but remain below the previous peak of $126.
- Who
- Mahanagar Gas Limited, referred to as MGL, announced the price increase.
- What
- CNG prices in Mumbai increased by Rs 2 per kilogram.
- Where
- Mumbai; the wider transport and freight impact is reported across Delhi-NCR.
- When
- The articles do not specify when the increase took effect.
- Why
- The article links broader fuel-cost pressure to the six-month Middle East conflict and higher crude oil prices.
Key facts
- CNG price increase
- Rs 2 per kilogram in Mumbai
- Announcing company
- MGL
- Affected activities
- Transport and freight
- Affected vehicles
- Auto-rickshaws, taxis and goods carriers
- Conflict duration
- The Middle East conflict has entered its sixth month
- Current crude oil price
- Above $90 per barrel
- Earlier crude oil peak
- $126 per barrel during the previous phase of the conflict
Sources
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