HomeCURRENT AFFAIRSBUSINESSPetrol, diesel price: Fuel rates remains stagnant on Sunday

Petrol, diesel price: Fuel rates remains stagnant on Sunday

The prices of petrol and diesel have remained unchanged for the fourth consecutive day on Sunday, 10 April. Petrol and diesel prices were last hiked by 80 paise a litre each on 6 April,Wednesday, taking the total increase in rates in 16 days to ₹10 per litre.

Petrol in Delhi will now cost ₹105.41 per litre while diesel rates will cost ₹96.67, according to a price notification of state fuel retailers.In Gurugram, one litre of petrol will cost ₹105.86 and ₹97.10 for one litre of diesel.

In Mumbai, the petrol and diesel prices per litre are at Rs 120.51 (increased by 84 paise) and Rs 104.77 (increased by 85 paise) respectively.

This is the 14th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol and diesel prices had been a freeze since November 4—- a period during which the cost of raw material (crude oil) soared by $30 per barrel. The rate revision was expected after the result of the five states assembly election (post-March 10), but it was put off.

The difference in the price of fuel in the states are due to the tax and the cost of transportation imposed by the central and state government.

How to check petrol and diesel price in your city:

Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise fuel rates daily, taking into account crude and rupee-dollar rates in international markets. Daily price changes for fuel are effected at 6 am every day.

To get the indicative prices of Petrol/Diesel in your city/town for the day, kindly SMS “RSP Dealer Code of Petrol Pump” to 92249 92249. For example, SMS “RSP 102072” to 92249 92249 for fuel prices in Delhi.

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