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Fuel prices hiked for fifth day in a row, diesel crosses ₹105 mark in Hyderabad

By Saima Siddiqui 
Updated Date

New Delhi: The unrelenting hike in international oil prices has pushed fuel prices across India to their highest-ever levels, rising the rates further for the fifth straight day on Sunday.

Also Read :- Govt's big move to control inflation: Biggest excise duty cut, more LPG & fertilizer subsidy | know city-wise rates here

With a hike of 0.35, the petrol prices increased to 107.59 per litre in the national capital while the price of diesel was raised by the same amount to 96.32 per litre.

In Mumbai, petrol and diesel prices per litre stand at 113.46 and 104.38 respectively.

As for Kolkata and Chennai, petrol and diesel cost 108.11 and 99.43 respectively in Kolkata and 104.52 and 100.59 respectively in Chennai.

In Bengaluru, petrol is available at 111.34 per litre and diesel at 102.23 and in Hyderabad, one litre of petrol is now available at 111.91 and diesel cost 105.08 for one litre of diesel.

Also Read :- Petrol, Diesel prices remain unchanged for 17 consecutive days | Check rate list

The costliest fuel was in the border town of Ganganagar in Rajasthan, where petrol comes for 119.79 a litre and diesel for 110.63 per litre.

Prices differ from state to state, depending on the incidence of local taxes.

The total increase in petrol price since May 5, 2020 decision of the government to raise excise duty to record levels now totals 35.98 per litre. Diesel rates have during this period gone up by 26.58 per litre.

To note, the government had raised excise duty on petrol and diesel to mop up gains that would have otherwise accrued to consumers from international oil prices crashing to as low as USD 19 per barrel. While international prices have since recovered to USD 85, excise duty has remained at 32.9 per litre on petrol and 31.8 on diesel.

Also Read :- Fuel on fire: Petrol price in Mumbai reaches record high; Check rates in metro cities
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