Petrol, diesel prices hiked by over 10 paise

May 05, 2021 01:58 am | Updated 01:58 am IST - CHENNAI

Petrol and diesel prices climbed up by over 10 paise per litre on Tuesday after a gap of 18 days.

Fuel outlets in the city sold petrol at ₹92.55 per litre and diesel at ₹85.9 per litre. In Sankagiri, it was ₹92.86 per litre of petrol and ₹86.35 per litre of diesel.

Dealers said demand, especially for diesel, had come down after May 1. “People are afraid to step out of their homes due to the rising number of COVID-19 cases. Movement of heavy vehicles, too, has been affected due to the lockdown in other States,” a retailer said.

Another retailer said the decrease in sale volume was around 10%-15%, and it had been falling over the last 15 days. “We have witnessed a reduction of about 20% sales in auto LPG too,” he added.

Consumers questioned the rationale behind the price hike when international crude prices remained more or less the same. “At a time like this, an increase in fuel prices is uncalled for,” said M. Manikantan of Velachery.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.