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Petrol rises to Rs 104.22 a litre in Mumbai; check out fuel rates in other cities
While state backed oil marketing companies (OMCs) jacked up the petrol rates by 35 paise, diesel rates were hiked by 37 paise Check out petrol and diesel rates in metros, other cities BusinessToday.In
Updated Jun 26, 2021, 10:48 AM IST
After the 30th hike since May 4, fuel prices continue to hammer the common man s budget. Petrol and diesel rates were kept unchanged on Friday (June 25). While state backed oil marketing companies (OMCs) jacked up the petrol rates by 35 paise, diesel rates were hiked by 37 paise.
With the recent hike, petrol sells at Rs 98.11 per litre and diesel sells at Rs 88.65 per litre in Delhi. Petrol prices have crossed the psychological Rs 104 mark in Mumbai.
Updated: Apr 16, 2021, 10:09 AM IST
Fuel prices in the country finally fell on Thursday with oil marketing companies deciding to pass the benefit of softer global oil prices earlier this month to the consumers. Accordingly, pump prices of petrol and diesel fell by 16 paisa and 14 paisa per litre respectively on Thursday.
With this, petrol is now being retailed at Rs 90.40 a litre in Delhi, down from previous day`s level of Rs 90.56 a litre. Similarly, diesel is now priced at Rs 80.73 a litre in the national capital from earlier level of Rs 80.87 a litre.
With crude remaining below $65 a barrel, for most part of the last fortnight along with softer product prices, the oil companies decided to break their pause and passed on the benefit to the consumers. The OMCs benchmark retail fuel prices to a 15-day rolling average of global refined products` prices and dollar exchange rate.