Petrol and diesel prices remained steady for 29 days at a stretch with no change in rates on Thursday. Earlier both petrol and diesel rates were hiked by 80 paise a litre each, taking the total increase in rates in two weeks to Rs 10 per litre.
Petrol in Delhi now costs Rs 105.41 per litre, while diesel rate is Rs 95.87 per litre to Rs 96.67, according to a price notification of state fuel retailers. In Mumbai, petrol and diesel prices per litre stand at Rs 120.51 and Rs 104.77 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.
For all the news update subscribe our YouTube channel ‘DNP India’. You can also follow us on FACEBOOK, INSTAGRAM and TWITTER.