Petrol prices spike again to record highs

This is the tenth hike in fuel prices in this month.

Petrol prices were hiked across all the major cities in the country on Saturday, according to the price notification from the Indian Oil Corporation (IOC). This is the tenth hike in petrol prices in this month and 41st hike since May 4.

In national capital Delhi, petrol was hiked by 30 paise from rupees 101.54 per litre to rupees 101.84 per litre. Diesel prices remained unchanged in the capital at rupees 89.87 per litre.

In India's business capital Mumbai, petrol retails at rupees 107.83 per litre and diesel has reached rupees 97.45 per litre.

In Bhopal, the petrol rates have gone above an striking mark and are at rupees per litre and diesel is priced at rupees 98.67 per litre.

Chennai’s petrol prices went up by 26 paise and have hit a fresh high of rupees 102.49 per litre. In Kolkata, petrol price standing at rupees 102.08 per litre, which is a 34 paise move up.

The difference in prices in states depends on local taxes like value added tax or freight charges.


India Scanner News Network

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