February 28, 2024


Delighting finance buffs

Fuel prices hiked for 17th consecutive day; diesel nears Rs 80-mark in Delhi

Petrol and diesel prices were once again hiked on Tuesday as part of daily revision by oil marketing companies (OMCs) in India. This is the 17th consecutive revision in fuel prices since June 7.

Petrol rates across the country have been increased by 18-20 paise per litre while diesel rates have gone up by approximately 55 paise.

After today’s upward revision, a litre of petrol in Delhi costs Rs 79.76 while diesel price in the national capital has increased to Rs 79.40 per litre.

People in Jaipur are paying the highest rate for both petrol and diesel. A litre of petrol in Jaipur now costs over Rs 87 per litre while diesel costs Rs 80.36 — it is the only city where diesel rate has touched Rs 80 per litre.

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In Mumbai, the price of petrol went up to Rs 86.54 per litre after the fresh increase; diesel price has also gone up to Rs 77.76 per litre.

It may be noted that over 10 cities are paying over Rs 80 for a litre of petrol — Kolkata (Rs 81.45/litre), Mumbai (Rs 86.54/litre), Chennai (Rs 83.04/litre), Noida (Rs 80.45/litre), Bengaluru (Rs 82.35/litre), Bhubaneshwar (Rs 80.32/litre), Hyderabad (Rs 82.79/litre), Jaipur (Rs 87.01/litre), Lucknow (Rs 80.55/litre), Patna (Rs 82.85/litre) and Thiruvananthapuram (Rs 81.48/litre).

Meanwhile, diesel rates are the highest in Mumbai, Chennai, Bengaluru, Bhubaneshwar, Hyderabad, Jaipur, Patna and Thiruvananthapuram.

Petrol price has cumulatively gone up by Rs 8.5 and diesel rates have been hiked by over Rs 10 due to the consecutive hikes since June 7.

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