Petrol and diesel prices across the four metro cities rose for the fifth straight day on Monday. According to the data on state-run Indian Oil Corporation’s website, petrol price in Delhi today is Rs. 76.36 per litre. In Chennai and Kolkata, petrol prices are Rs. 79.25 per litre and Rs. 79.03 per litre respectively. Petrol prices in Mumbai today are Rs. 83.75 per litre. In tandem with the cost of petrol, diesel prices also registered a rise on Monday across the four metro cities, as mentioned on Indian Oil Corporation (IOC)’s website and its app, Fuel@IOC.
Diesel prices today stand at Rs. 68.07 per litre in Delhi. Diesel price in Mumbai is Rs. 72.23 per litre. Diesel price in Kolkata is Rs. 70.62 per litre. In Chennai, it is Rs. 71.85 per litre. The new listed rates are applicable from 6:00 am on July 9, 2018. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am every day.
During the previous UPA regime, diesel prices hit a peak on May 13, 2014, when rates touched Rs. 56.71 a litre, a Press Trust of India (PTI) report said. The government had deregulated or freed petrol pricing from its control in June 2010 and diesel in October 2014. It allowed revision of prices on a daily basis since mid-June last year to reflect changes in cost instantly.
Source by ndtvShare: