ADVERTISEMENT

Petrol Prices Hit The New 55-Month High, Diesel Prices Again At A New High

Petrol price surged to hit a new 55-month high on Sunday Diesel price hit new all-time high of Rs. 65.65 in the national capita The petrol and diesel prices tend to fluctuate on a daily basis

Diesel price hit a new all-time high of Rs 65.65 in the national capital
Diesel price hit a new all-time high of Rs 65.65 in the national capital

Petrol price surged to hit a new 55-month high on Sunday as it touched a high of Rs. 74.40 a litre in New Delhi, while diesel price hit new all-time high of Rs 65.65 in the national capital. The state-owned oil firms raised petrol and diesel rates by 19 paise per litre each in Delhi. The last time when petrol price surged past this level was in September 2013, when the fuel would make a consumer poorer by Rs. 76.06 a litre. The petrol price, on Sunday, costs Rs. 74.40 in Delhi, Rs. 77.10 in Kolkata, Rs. 82.25 in Mumbai and Rs. 77.19 in Chennai, as per the Indian Oil Corporation (IOC) website.

At the same time, diesel price on Sunday stands at Rs 65.65 in Delhi, Rs 68.35 in Kolkata, Rs 69.91 in Mumbai and Rs 69.27 in Chennai.

The petrol and diesel prices tend to fluctuate on a daily basis since the state-owned oil companies that include Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL), in June last year had renounced the 15-year practice of revising rates on the fortnightly basis and adopted a daily prices revision system to reflect changes.
 

Metros Non-Branded Petrol Prices (Rs) On 22/4/2018 Rates on 21/4/2018 Mar-31 Dec-31
Delhi 74.4 74.21 73.55 69.97
Kolkata 77.1 76.91 76.26 72.72
Mumbai 82.25 82.06 81.41 77.87
Chennai 77.19 76.99 76.29 72.53
         
         
Metros Non-Branded Diesel Prices (Rs) On 22/4/2018 Rates on 21/4/2018 Mar-31 Dec-31
Delhi 65.65 65.46 64.4 59.64
Kolkata 68.35 68.16 67.09 62.3
Mumbai 69.91 69.7 68.58 63.27
Chennai 69.27 69.06 67.93 62.83