Fuel prices rise again after a day’s break

New Delhi. Fuel prices In the national capital, petrol and diesel prices have been increased by 29 paise and 34 paise per liter respectively. Petrol price in Delhi is now Rs 92.34 per liter and diesel price is Rs 82.95 per liter, which was Rs 92.05 and Rs 82.61 per liter respectively in the national capital yesterday.

Petrol and diesel prices across the country also increased on Friday, but the amount varied depending on the level of local levies in the respective states.

As per the price notification from the oil marketing companies, in Mumbai, petrol now comes to around Rs 98.65 per liter and diesel for Rs 90.11 per liter.

In some states including Rajasthan, Madhya Pradesh and some places in Maharashtra, petrol prices have crossed the Rs 100 per liter level, while premium petrol has been hovering above that level for some time.

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In four of the last five days, fuel prices are now continuously increasing from Monday to Wednesday, stopping on Thursday and rising again on Friday. Its pump rates had also risen sharply in the last four days, before auto fuel prices were withdrawn on Saturday and Sunday.

Petrol prices in Delhi have gone up by Rs 1.79 per liter in the eight increase so far in May. Similarly, the prices of diesel have increased by Rs 2.22 per liter this month.

IANS had earlier written that OMCs could start increasing the retail price of petrol and diesel after the state elections as they are incurring a loss of Rs 2-3 per liter despite high global crude oil and product prices.

Oil companies had already given a 6.7 per cent hike in ATF prices from this month.


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