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Hike in fuel prices continue; petrol at Rs 81.82 in Delhi, Rs 87.29 in Mumbai

8 October, 2018 2:36 AM
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Hike in fuel prices continue; petrol at Rs 81.82 in Delhi, Rs 87.29 in Mumbai

The petrol and diesel prices in Delhi and Mumbai saw a hike on Sunday. 

After the central and state governments cut taxes on fuel, the prices of petrol and diesel have again started to increase leading to the inconvenience of the common man.

The petrol and diesel prices in Delhi and Mumbai saw a hike on Sunday. While the price of petrol in the national capital reached Rs 81.82 per litre, a 14 paise increase from Saturday, the fuel's price in Mumbai increased to Rs 87.29, also a 14 paise increase.

Diesel rates in Delhi touched Rs 73.53 mark an increase of 29 paise, while the price of Diesel in Mumbai soared to Rs 77.06, an increase of 31 paise.

The petrol price in Chennai increased to Rs 85.04, a 15 paise increase from Saturday's Rs 84.89 mark. The diesel price reached at Rs 77.73.

In Kolkata, the petrol price shot up to Rs 86.66, a Rs 3.14 increase from Saturday's Rs 83.52. The price of diesel was at Rs 75.38.

On Saturday, Diesel rate in Mumbai fell by 70 paise to Rs 76.75 per litre while it rose elsewhere by 18 paise. In Delhi, the fuel was at Rs 73.24 per litre.

Consumers had got some relief from soaring fuel prices when the central government slashes taxes on the two fuels by Rs 2.50 per litre on Thursday. It also asked state governments to cut their taxes by the same amount. While several BJP-ruled states acted upon the request, others either refused saying they had already cut VAT or made no move at all.

The prices vary from region to region due to local taxes, as the product is excluded from the GST regime. Delhi has the lowest tax rate among the four metro cities.

The increase in transport fuel rates comes amid a continuous surge in crude oil prices. On Friday, the Brent crude was priced at over $84 per barrel.

Source: zeenews.india.com

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