Fuel Prices Skyrocket After Third Consecutive Day Hike, Diesel Nears Rs 100/L- Know New Fuel Rates Here

Petrol and diesel prices on Friday were hiked by 35 paise per litre each, the third consecutive day of increase that took pump rates across the country to record high levels. The price of petrol in Delhi rose to its highest-ever level of ₹106.89 a litre and ₹112.78 per litre in Mumbai, according to a price notification of state-owned fuel retailers.

• In Mumbai, diesel now comes for ₹103.63 a litre.

• While in Delhi, it costs ₹95.62 per litre.

• In Kolkata, the petrol will be sold at Rs. 107.44 per litre and

• Diesel will be sold at Rs. 98.73 per litre.

• Prices in Chennai on Friday, stands at Rs. 103.92 per litre for petrol and

• Rs. 99.92 per litre for diesel.

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The rising fuel prices in the country are not going to come down immediately. The central government is in talks with several oil-exporting countries on the issue of supply and demand of oils but there is no possibility of immediate relief in prices.

Crude price has been on a surge rising over three year high level of over $85 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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