- Gasoline and diesel prices hit record highs as rates rose for the sixth day in a row on Sunday
New Delhi: Gasoline and diesel rates increased across the country for the sixth day in a row on Sunday. The state oil trading companies (OMCs) increased fuel prices by 29 and 34 paise per liter, respectively. With today's price revision, a liter of gasoline in Delhi is selling at a new record of Rs 88.73, while the price of diesel in the national capital crossed the Rs 79 mark and was retailing at Rs 79.06 per liter.
In Mumbai, fuel prices are the highest among four meters. Gasoline in the economic capital crossed the Rs 95 mark and was retailing at Rs 95.21 per liter, while the price of diesel also crossed the Rs 86 mark and was selling at Rs 86.04 per liter on Sunday.
Meanwhile, in Kolkata, gasoline rates crossed the Rs 90 mark and a liter of gasoline was retailing at Rs 90.01, while diesel prices also rose to Rs 82.65 per liter. In Chennai, gasoline prices approached 91 rupees, as Sunday rates rose to 90.96 rupees per liter. Diesel in Chennai was priced at Rs 84.16 per liter. Keep in mind that among the major metropolitan cities, Delhi has the lowest fuel prices.
This is what you pay for a liter of gasoline and diesel after the last hike on February 14
In six days this week, the price has risen by about 1.81 rupees per liter of gasoline, while the rate of diesel has risen by almost Rs 1.85 per liter. The incessant price hike has been criticized by the opposition. Congress has even demanded an immediate reduction in taxes to ease the burden on the common man. However, Oil Minister Dharmendra Pradhan told parliament on Wednesday that the government is not considering a reduction in the excise duty to cool rates from their all-time highs.
Gasoline and diesel prices vary from state to state, due to various taxes collected by the central government and the corresponding state government. In Delhi, the Center offsets Rs 32.98 per liter from the price of gasoline, while local government sales tax or Value Added Tax (VAT) constitutes Rs 19.55. Meanwhile, the corresponding amounts for diesel are Rs 31.83 and Rs 10.99, respectively
For further assistance, please call our toll-free number 1800-2333-555
Hindustan Petroleum is the top three oil trading company. Fuel prices are generally revised daily by the international reference price and currency exchange rates. Changes to fuel prices are implemented at 6 am every day.
Post a Comment