The move have brightened prospects of petrol and diesel rates cut as state-run energy firms are reducing retail prices of fuels ahead of the 2024 general elections | Latest News India
Updated Feb 04, 2021 | 12:39 IST
Fuel prices started rising again only on January 6, 2021. Petrol and diesel prices have increased 11 times in 2021, with the two auto fuels increasing by Rs 2.94 and Rs 2.96 per litre respectively so far Petrol, diesel prices hit new record as OMCs hike rates on Thursday 
New Delhi: Petrol and diesel prices in Delhi touched new all-time highs on Thursday with oil marketing companies (OMCs) raising pump prices by 35 paise a litre. Petrol prices hit a new record high of Rs 86.65. Diesel prices were also raised by 35 paise a litre to Rs 76.83 in the national capital.
Note that the fuel prices increased close to 35 paise per litre, but the exact amount varied from state to state depending on their local levies. After today s price revision, a litre of petrol in Mumbai now costs Rs 93.20 and diesel is now sold at Rs 83.67 per litre. In Kolkata and Chennai, a litre of petrol today waa retailing Rs 88.01 and Rs 89.13 respectiv
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NEW DELHI: Petrol prices hit a new record high on Thursday in the national capital with oil marketing companies (OMCs) raising rates by 35 paise a litre to Rs 86.65. Diesel prices were also raised by 35 paise a litre to Rs 76.83 in Delhi.
In Mumbai, a litre of petrol now costs Rs 93.20 and diesel is now sold at Rs 83.67 per litre.
Prior to this, OMCs (Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum) paused rates for seven straight days before pushing the rates higher today.
Petrol price was very close to breaching the all-time high level of Rs 84 a litre reached on October 4, 2018 when it touched Rs 83.71 a litre on December 7, 2020.