Economy

Petrol, diesel prices hiked for 5th straight day; Diesel above ₹100 in West Bengal

In Mumbai, diesel now comes for ₹104.38 a litre, while in Delhi, it costs ₹96.32 per litre.   | Photo Credit: PTI

Petrol and diesel prices on Sunday were hiked for the fifth straight day by 35 paise per litre each, pushing pump rates to new high across the country.

The price of petrol in Delhi rose to its highest-ever level of ₹107.59 a litre and ₹113.46 per litre in Mumbai, according to a price notification of state-owned fuel retailers.

In Mumbai, diesel now comes for ₹104.38 a litre, while in Delhi, it costs ₹96.32 per litre.

This is the fifth consecutive day of the price hike. There was no change in rates on October 18 and 19, prior to which prices were hiked by 35 paise per litre each on four straight days.

While petrol has already hit the ₹100-a-litre mark or more in all major cities of the country, diesel has touched that level in over one-and-a-half dozen states and U.T.s from Jammu and Kashmir to Tamil Nadu.

West Bengal on Sunday became the latest state to have the nation’s most used fuel above that level.

Purulia, Krishnanagar, Baharampur and Cooch Behar districts of the state had diesel above ₹100-a-litre mark.

Prices differ from state to state, depending on the incidence of local taxes.

Petrol price has been hiked on 21 occasions since September 28, when a three-week-long hiatus in rate revision ended. In all, prices have gone up by ₹6.4 a litre.

Diesel rates have been increased by ₹7.70 per litre in 24 hikes since September 24.

Prior to that, the petrol price was increased by ₹11.44 a litre between May 4 and July 17. The diesel rate had gone up by ₹9.14 per litre during this period.


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Printable version | Dec 5, 2021 5:25:21 AM | https://www.thehindu.com/business/Economy/petrol-diesel-prices-hiked-for-5th-straight-day-diesel-above-100-in-west-bengal/article37147665.ece

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