Diesel price crosses ₹100-mark in Mumbai, 4 months after petrol jumped over ₹100

Diesel price on Saturday crossed the ₹100-mark in Mumbai at ₹100

Updated on: Oct 9, 2021, 12:34:33 IST

By Mehul R Thakkar

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Diesel price on Saturday crossed the ₹100-mark in Mumbai at ₹100.29, up from ₹99.92 on Friday. The price of petrol is also inching towards ₹110 per litre with its current price at ₹109.83. In Mumbai, petrol crossed the ₹100 mark on May 29, 2021.

The highest price of petrol is at Parbhani in Maharashtra at ₹112.39 per litre (HT Photo)

The prices of petrol and diesel in Thane and Navi Mumbai are ₹109.97 and ₹100.42 per litre, respectively.

The highest price of petrol is at Parbhani in Maharashtra at ₹112.39 per litre. Diesel is the costliest in Amravati at ₹101.83 a litre. According to oil marketing companies, the hike in the price of fuel is related to a rise in global crude prices.

Prices of petrol and diesel, along with LPG cylinders used for cooking in homes, have substantially increased in the last 18 months ever since the first lockdown in the country was announced in March 2020. Earlier this week, Mahanagar Gas also hiked the retail price of compressed natural gas (CNG) and piped natural gas (PNG) by ₹2 each.

On the other hand, transporters are planning an emergency meeting to discuss the hike of diesel price on Monday. This comes as the majority of the transportation takes place using diesel vehicles. The increase in fuel prices directly increases goods transportation charges resulting in price rise across several sectors.

ABOUT THE AUTHOR
Mehul R Thakkar
Mehul R Thakkar is a Mumbai-based journalist who closely tracks the city’s ever-evolving real estate landscape. He believes that Mumbai presents a unique reality that, while Mumbaikars deeply aspire to own a home in the city of dreams, many spend little actual time living in it due to long commutes and demanding work lives. With over 11 years of experience in journalism, I have reported across a wide spectrum of beats, including real estate, housing, infrastructure, aviation, and education. I have also extensively covered the workings of India’s wealthiest civic body, the Brihanmumbai Municipal Corporation (BMC), providing insight into the policy, governance, and urban planning decisions that directly influence Mumbai’s growth. Before joining Hindustan Times, I worked in fast-paced digital and print newsrooms, including Moneycontrol.com and Deccan Chronicle, as well as national dailies such as The Asian Age and DNA. Outside the newsroom, I am an avid weather tracker, a fan of spy thrillers in both books and films, and a keen follower of international affairs.Read More

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