Home > Auto > News > Petrol, diesel price hike rally continues for 7th consecutive day. Check rates
File photo of attendants at a petrol pump filling fuel tanks of motorists in Mumbai. (Photo used for representational purpose) (HT Photo)
File photo of attendants at a petrol pump filling fuel tanks of motorists in Mumbai. (Photo used for representational purpose) (HT Photo)

Petrol, diesel price hike rally continues for 7th consecutive day. Check rates

  • Price of petrol was hiked by 0.30 for a litre and that of diesel was hiked by 0.35 per litre in Delhi today.

  • The price of petrol in the national capital soared to 104.44 per litre while that of diesel went up to 93.17 for a litre.

Citizens of the country saw no respite from the price hike rally of petrol and diesel on Monday as the prices of the fossil fuels were hiked for the seventh consecutive day by oil marketing firms. Price of petrol was hiked by 0.30 for a litre and that of diesel was hiked by 0.35 per litre in Delhi.

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The price of petrol in the national capital soared to 104.44 per litre while that of diesel went up to 93.17 for a litre. In Mumbai, petrol touched 110.41 per litre while diesel also recently breached the 100-mark and is now at 101.03 per litre after the state saw a hike in petrol price by 0.29 per litre. The rate of diesel in Mumbai was hiked by 0.37 per litre.

(Also read | Forget gold and money, thieves steal 30,000 litres of fuel worth lakhs)

In Kolkata, petrol is being retailed at 105.09 per litre while the price of diesel has soared to 96.28 for each litre. Chennai is selling petrol at 101.89 for each litre while diesel is being retailed in the city for 97.69 for a litre.

This is one of the biggest fuel price hike rallies for both petrol and diesel rates, leading to the largest retail rate incidence for the consumers in the country. 

(Also read | Own a CNG car? Get ready to shell out more to refuel soon)

The latest series of price hikes for petrol and diesel come on the back of the rising price of crude oil in the international market. Price of Brent crude has increased to $82 per barrel after the group of oil-producing countries - OPEC - has decided to not increase the volume of oil production by more than 0.4 million barrels per day. This has led to a price surge in the international market. India imports 85 per cent of its total fuel demand from overseas markets, thus being largely dependent on imports to meet its fuel demand.

  • First Published Date : 11 Oct 2021, 10:38 AM IST