Petrol, Diesel Prices Raised Again, Check Latest Price Here
NEW DELHI: Fuel prices were raised for the seventh time in the last eight days. The prices increased for five consecutive days since last Friday before going for a day’s pause on Wednesday. They have risen on both days thereafter.
In Delhi, petrol today retailed at ₹81.89, up 19 paise as compared to previous day’s price of ₹81.70. In Mumbai, Chennai and Kolkata petrol retailed at ₹88.58, ₹84.91 and ₹83.44 respectively.
Diesel prices were hiked by 24 paise to ₹71.86 per litre in Delhi today. After the latest hike, diesel retailed at ₹78.38 in Mumbai, ₹77.30 in Chennai and ₹75.43 in Kolkata.
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Over the last 8 days, Delhi saw a cumulative rise of 83 paise in petrol prices while diesel rose by Rs 1.4-per-litre.
Fuel prices began rising eight days back after being stagnant since September 22 while diesel prices had not changed since October 22.
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State-run oil marketing companies such as Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd have been revising rates of petrol and diesel daily since 2017 based on benchmark international oil price and foreign exchange rate.
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Global oil prices were lower today but for this week are sharply higher. Brent crude was down by 10 cents at $47.70 amid concerns about oversupply. But for the week the global oil benchmark has risen about 6% this week, after AstraZeneca earlier announced that its COVID-19 vaccine could be up to 90% effective, adding to successful trial results of other two drugmakers’ vaccines.
(With News Agency Inputs)