Petrol, Diesel Prices Hiked For 10th Day in a Row, Cross 100 Mark in MP, Rajasthan; Check New Rates Here

India: Petrol and diesel prices were revised for the tenth day in a row on Thursday, February 18, even as India has urged crude oil-producing countries to ease production cuts.

The fuel rates were increased by 32-34 paise per litre across metros, as per the price notification of state-owned oil marketing companies.

In Rajasthan’s Ganganagar, the retail price of non-branded petrol has been revised to Rs 100.49 per litre, whereas in Nagarabandh, Madhya Pradesh, one needs to shell out Rs 100.76 for a litre of the fuel, according to Indian Oil Corporation data.

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Diesel rate in Ganganagar has been increased to Rs 92.47 a litre, while it costs Rs 91.5 litre in Nagarabandh.

While The petrol price in New Delhi has been hiked to a record Rs 89.88 per litre, while diesel rate climbed to Rs 80.27 a litre.

In Mumbai, petrol and diesel prices have been increased to Rs 96.32 and Rs 87.32 per litre, again at record highs. A litre of petrol in Bengaluru costs Rs 92.89 per litre, while diesel rate stands at Rs 85.09 a litre

The petrol and diesel prices have increased 22 times in 2021 with the two auto fuels increasing by Rs 6.17 and Rs 6.40 per litre respectively so far this year.

Oil companies executives said that petrol and diesel prices may increase further in coming days as retail prices may have to be balanced in line with global developments to prevent OMCs from making loss on sale of auto fuels.

(With Inputs From Agencies)

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