Consumers may get respite from frequent fuel price hike this month
With price pause on Friday, petrol continues to be priced at Rs 100.56 a litre and diesel 89.62 a litre in the national capital.
With price pause on Friday, petrol continues to be priced at Rs 100.56 a litre and diesel 89.62 a litre in the national capital.
The only way retail prices could be brought down in this period is by way of tax cuts by both Centre and States, suggests experts as crude oil prices are seen rising from here on.
Across the country as well the fuel prices remained unchanged. Fuel prices were last revised on Tuesday.
Petrol is most expensive in Rajasthan's Sri Ganganagar where it now retailing at Rs 109.67 per litre. Even diesel in the city is priced at a high of Rs 102.12 a litre.
Across the country as well petrol and diesel prices increased on Saturday but its retail prices varied depending on the level of local taxes in different states.
In Mumbai, petrol prices are just Rs 3 per litre short (Rs 97.34 a litre) of touching the three digit mark for the very first time ever. Diesel prices in the city are closing in on Rs 90 a litre (Rs 88.44/ litre).
With this latest hike, petrol has breached Rs 90 per litre-mark across all metros and around all major cities of the country.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.
In Mumbai, petrol prices are just Rs 4 per litre short (Rs 96.32 a litre) of touching the three-digit mark of Rs 100 per litre for the very first time ever. Diesel prices in the city are closing on Rs 90 a litre (Rs 87.32 a litre).
In the last seven days, the price has gone up by Rs 2.36 per litre for petrol while diesel rate has risen by Rs 2.91 a litre.
