Petrol price goes up by 10 paise, diesel remains unchanged in all four metros

(Photo: iStock)


The petrol price rose by 10 paise on Monday across four major metro cities, with the highest recorded in Mumbai. Diesel prices, however, remained unchanged.

Petrol price in Mumbai stood at Rs 77.38 per litre, while the price of diesel was recorded at Rs 69.83 per litre.

In New Delhi, a litre of petrol cost Rs 71.77 and diesel Rs 66.64, according to the date provided by Indian Oil Corporation.

In Chennai, petrol came at Rs 74.50 per litre and diesel at Rs 70.45. Kolkata recorded the lowest prices of petrol and diesel among the four metros. A litre of petrol cost Rs 73.83 and diesel Rs 68.40.

This was the fifth straight day of rise in oil prices in the country.

Retail prices of petrol were raised on Sunday by 13-14 paise a litre while diesel became costlier by 7-8 paise in all metros.

The first price rise in as many as two months came on the day after the end of polling for the Lok Sabha elections 2019.

On 20 May, less than 24 hours after polling came to a close, state oil companies raised the petrol and diesel prices.

Petrol in New Delhi on 20 May cost Rs 71.12 per litre while diesel cost Rs 66.11 per litre.

While the rise in petrol was about 8-10 paise across the country, there was a rise of 15-16 paise in diesel price.

The rise ended the southwards movement in the prices of retail petrol and diesel through May, even though global oil prices remained firm.

On 20 May, Saudi Arabia announced that oil producing countries will continue to limit supplies. This pushed up oil prices by 1 per cent.

Domestic fuel prices had largely been on the rise in the first three months of 2019. In Delhi, petrol prices gained over Rs 4 per litre since 1 January.