Petrol and diesel prices on Friday rallied to their loftiest ever situations across the country, as energy rates were hiked again by 35 paise a litre The price of petrol in Delhi rose to its loftiest- ever position of Rs105.14 a litre and Rs111.09 per litre in Mumbai, according to a price announcement of state- possessed energy retailers In Mumbai, diesel now comes for Rs101.78 a litre; while in Delhi, it costs Rs93.87.
This is the alternate straight day of 35 paise per litre increase in petrol and diesel prices. There was no change in rates on October 12 and 13 Since the ending of a three-week-long hiatus in rate modification in the last week of September, this is the 14th increase in petrol price and the 17th time that diesel rates have gone up.
While petrol price in utmost of the country is formerly above Rs 100-a-litre mark, diesel rates have crossed that position in a dozen countries, including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chhattisgarh, Bihar, Kerala, Karnataka and Leh.
Prices differ from state to state depending on the prevalence of original levies Slipping the modest price change policy, state- possessed energy retailers have since October 6 started passing on the larger prevalence of cost to consumers This is because the transnational standard Brent crude is trading at USD84.61 per barrel for the first time in seven times.
A month back, Brent was trading at USD73.51 Being a net importer of canvas, India prices petrol and diesel at rates original to transnational prices The swell in transnational canvas prices ended a three-week hiatus in rates on September 28 for petrol and September 24 for diesel Since also, diesel rates have gone up by Rs5.25 per litre and petrol price has increased by Rs4.25 Before that, the petrol price was increased by Rs11.44 a litre between May 4 and July 17. Diesel rate had gone up by Rs9.14 during this period. PTI ANZ