Fuel prices hiked after a day's gap

State-run oil marketing companies (OMCs) have hiked prices and records highest.

Petrol and diesel prices were hiked again after a day’s gap on Thursday, June 24. State-run oil marketing companies (OMCs) have hiked petrol price by 28 paise per litre and diesel by 7 paise.

At present petrol is retailing over rupees 100 per litre in at least 15 cities. The highest retail price of petrol in the country is rupees 108.67 per litre in Sri Ganganagar, Rajasthan while diesel has also crossed rupees 100 per litre in this city.

The price of petrol in Delhi today stands at rupees 97.76 per litre, pushing to record highest in the Capital, while the price of diesel is at rupees 88.30 per litre.

In country's financial capital Mumbai, the petrol price crossed Rs 100 mark for the first time ever on May 29 and reached new high of rupees 103.89 per litre today. Diesel price also reached rupees 95.79 per litre, the highest among all the metro cities.

The fuel prices are rising since May due to several factor. Oil companies has revise rates of petrol and diesel 29 times since May, 2021.

High fuel taxes have proved to be a strong source of revenue for the Centre and states during the pandemic, but citizens are hurt, especially who are depend on fuel for their livelihoods.

India Scanner News Network

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