Fuel prices hiked for 2nd consecutive day: Check latest rates here

  • In Mumbai, petrol is being sold at 106.59 per litre, whereas diesel has reached 97.18 per litre.
The rally in international oil prices has reflected in rising retail prices in India, which is 85 per cent dependent on imports to meet its oil needs.(Reuters)
The rally in international oil prices has reflected in rising retail prices in India, which is 85 per cent dependent on imports to meet its oil needs.(Reuters)
Published on Jul 08, 2021 08:24 AM IST
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By hindustantimes.com | Written by Susmita Pakrasi, Hindustan Times, New Delhi

The prices of fuel were increased for the second straight day on Thursday after breaching the 100-mark in all metro cities a day earlier. The price of petrol increased by 35 paise in Delhi, while diesel rose by 9 paise, according to price notification by the oil retailers. In Delhi, the price of petrol soared to 100.56 per litre and diesel rates rose to 89.62 a litre.

In Mumbai, petrol is being sold at 106.59 per litre, whereas diesel has reached 97.18 per litre.

Delhi is the last of the metro city to see petrol rising above the 100 per litre mark. Mumbai, Chennai, Hyderabad, Bengaluru and Pune already have prices above that mark.

The rally in international oil prices has reflected in rising retail prices in India, which is 85 per cent dependent on imports to meet its oil needs.

Fuel prices vary from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. Half of the diesel price is made up of taxes ( 31.80 central excise and 13.04 state VAT).Diesel is above that level in some places in Rajasthan, Odisha and Madhya Pradesh.

The hike on Thursday is the 37th increase in the price of petrol since May 4, when state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal.

Here are the latest rates in different cities:

  1. Delhi: Petrol prices – 100.56 per litre; diesel prices – 89.62 per litre
  2. Mumbai: Petrol prices – 106.59 per litre; diesel prices – 97.18 per litre
  3. Kolkata: Petrol prices – 100.62 per litre; diesel prices – 92.65 per litre
  4. Chennai: Petrol prices – 101.37 per litre; diesel prices – 94.15 per litre
  5. Bengaluru: Petrol prices – 103.94 per litre; diesel prices – 94.99 per litre
  6. Hyderabad: Petrol prices – 104.50 per litre; diesel prices – 97.68 per litre
  7. Thiruvananthapuram: Petrol prices – 102.54 per litre; diesel prices – 96.20 per litre
  8. Jaipur: Petrol prices – 107.37 per litre; diesel prices – 98.74 per litre
  9. Patna: Petrol prices – 102.79 per litre; diesel prices – 95.14 per litre

10.Chandigarh: Petrol prices – 96.70 per litre; diesel prices – 89.25 per litre

11.Bhopal: Petrol prices – 108.88 per litre; diesel prices – 98.40 per litre

12.Bhubaneswar: Petrol prices – 101.37 per litre; diesel prices – 97.67 per litre

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Tuesday, October 26, 2021