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New Delhi, Oct 16 (PTI) Petrol and diesel price on Saturday was hiked again by 35 paise a litre to take retail rates across the country to new record highs.<\/p>\n
With this hike, petrol is now at Rs 100-a-litre mark or more in all state capitals, while diesel has touched the 100-level in a dozen states. Diesel is nearing Rs 100-a-litre mark in Goal and Bengaluru.<\/p>\n
The price of petrol in Delhi rose to its highest-ever level of Rs 105.49 a litre and Rs 111.43 per litre in Mumbai, according to a price notification of state-owned fuel retailers.<\/p>\n
In Mumbai, diesel now comes for Rs 102.15 a litre; while in Delhi, it costs Rs 94.22.<\/p>\n
This is the third straight day of 35 paise per litre hike in petrol and diesel prices. There was no change in rates on October 12 and 13.<\/p>\n
Since ending of a three-week long hiatus in rate revision in the last week of September, this is the 15th increase in petrol price and the 18th time that diesel rates have gone up.<\/p>\n
While petrol price in most of the country is already above Rs 100-a-litre mark, diesel rates have crossed that level in a dozen states\/UT including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka and Ladakh.<\/p>\n
In Panaji, diesel now costs Rs 99.56 a litre while in Bengaluru it comes for Rs 99.97 per litre and Silvassa for Rs 99.86.<\/p>\n
Prices differ from state to state depending on the incidence of local taxes.<\/p>\n
Shedding the modest price change policy, state-owned fuel retailers have since October 6 started passing on the larger incidence of cost to consumers.<\/p>\n
This is because the international benchmark Brent crude is trading at USD 84.8 per barrel for the first time in seven years.<\/p>\n
A month back, Brent was trading at USD 73.51.<\/p>\n
Being a net importer of oil, India prices petrol and diesel at rates equivalent to international prices.<\/p>\n
The surge in international oil prices ended a three-week hiatus in rates on September 28 for petrol and September 24 for diesel.<\/p>\n
Since then, diesel rates have gone up by Rs 5.6 per litre and petrol price has increased by Rs 4.30 a litre.<\/p>\n
Prior to that, the petrol price was increased by Rs 11.44 a litre between May 4 and July 17. Diesel rate had gone up by Rs 9.14 a litre during this period.<\/p>\n
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New Delhi, Oct 16 (PTI) Petrol and diesel price on Saturday was hiked again by 35 paise a litre to take retail rates across the country to new record highs. With this hike, petrol is now at Rs 100-a-litre mark or more in all state capitals, while diesel has touched the 100-level in a dozen […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-174295","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/174295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=174295"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/174295\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=174295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=174295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=174295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}