The Lead The Newsfeed

Fuel Prices Hiked Again After Two-Day Pause; Petrol Above Rs 110 In Mumbai

NEW DELHI: Petrol and diesel prices were hiked again on Thursday after a pause of two straight days.

Petrol and diesel prices were hiked by 35 paise a litre in Delhi, according to a price notification of state-owned fuel retailers.

In Mumbai, the retail price of petrol jumped to Rs 110.75 per litre on Thursday. Diesel price also increased in the city by 37 paise per litre to reach Rs 101.40 a litre, the highest among metros.

Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges.

In Delhi, petrol and diesel rates jumped by 35 paise to cost Rs 104.79 and Rs 93.52 per litre respectively.

In Chennai, petrol is retailed at Rs 102.10 and diesel at Rs 97.93 per litre while in Kolkata, petrol costs Rs 105.43 and diesel Rs 96.63 per litre.

Petrol and diesel price had remained unchanged for the second consecutive day on Wednesday. The price pause on Wednesday has come after fuel prices rose consistently for the past seven days taking the rates to all-time high levels. The prices of petrol and diesel remained steady on October 4, but saw a hike after that.

Crude price has been on a surge rising over three year high level of over $ 83.5 a barrel now. Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $9-10 per barrel as compared to average prices during August.

 

Support Ethical Journalism. Support The Dispatch

The Dispatch is a sincere effort in ethical journalism. Truth, Accuracy, Independence, Fairness, Impartiality, Humanity and Accountability are key elements of our editorial policy. But we are still not able to generate great stories, because we don’t have adequate resources. As more and more media falls into corporate and political control, informed citizens across the world are funding independent journalism initiatives. Here is your chance to support your local media startup and help independent journalism survive. Click the link below to make a payment of your choice and be a stakeholder in public spirited journalism


 

The Dispatch is present across a number of social media platforms. Subscribe to our YouTube channel for exciting videos; join us on Facebook, Intagram and Twitter for quick updates and discussions. We are also available on the Telegram. Follow us on Pinterest for thousands of pictures and graphics. We care to respond to text messages on WhatsApp at 8082480136 [No calls accepted]. To contribute an article or pitch a story idea, write to us at [email protected] |Click to know more about The Dispatch, our standards and policies