Petrol and diesel prices hiked again by 35 paise for fifth consecutive day across the country
Accordingly, the pump price of petrol in
In the financial capital
AdvertisementThe fuel prices remained static on Monday and Tuesday but had risen for four straight days by 35 paise per litre previously before again rising for five consecutive days between Wednesday and Sunday. There was no change in rates on October 12 and 13.
Diesel prices have increased 24 out of the last 30 days taking up its retail price by Rs 7.80 per litre in Delhi.
With diesel prices rising sharply, the fuel is now available at over Rs 100 a litre in several parts of the country. This dubious distinction was earlier available to petrol that had crossed Rs 100 a litre-mark across the country a few months earlier.
Crude prices have been on a surge rising over a three year high level of over $ 85.5 a barrel now as global demand remains firm while OPEC+ continues to move slowly on increasing production. Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $9-10 per barrel as compared to average prices during August.
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