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Fire on fuel, Petrol, Diesel rates hiked for 9th time in 11 days | Details here

By Ruchi Upadhyay 
Updated Date
Fire on fuel, Petrol, Diesel rates hiked for 9th time in 11 days | Details here

New Delhi: Petrol and diesel prices continued to rise on Friday, October 15, following a surge in global crude oil rates.

Also Read :- India to release 5 mn barrels of crude oil from emergency stock to cool prices

In the national capital, petrol and diesel rates jumped 35 paise to cost ₹ 105.14 and ₹ 93.87 per litre respectively, according to Indian Oil Corporation. The rates were last increased by 35 paise on Thursday.

In Mumbai, petrol price moved 34 paise higher to cost ₹ 111.09 per litre, while diesel rates surged 38 paise to cost ₹ 101.78 per litre. Among the four metro cities, fuel rates are the highest in Mumbai, according to the state-run oil refiner. The rates vary across the states due to value-added tax or VAT.

Here are the petrol and diesel price across the metro cities:

City Petrol Diesel

Also Read :- Fuel fire, Petrol, Diesel prices hike again, at fresh all-time highs | Check rates

Delhi 105.14 93.87
Mumbai 111.09 101.78
Chennai 102.40 98.26
Kolkata 105.77 96.98

Source: Indian Oil

State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and the rupee-dollar exchange rates. Any changes in petrol and diesel prices are implemented with effect from 6 am every day.

Globally, Brent crude rose 0.58% to $84.50 per barrel, approaching a three-year high hit on Monday.

Also Read :- Govt releases list of goods whose GST rates have been changed
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