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.
Crude prices have remained firm for the last few weeks in the wake of unilateral production cuts announced by Saudi Arabia and a pick up in consumption in all major economies globally.
Petrol prices in Mumbai remained close to Rs 100 as its retail prices now are Rs 94.64 a litre. Diesel is also the most expensive in Mumbai at Rs 85.32 a litre.
Petrol prices in Mumbai inched closer to Rs 100 as its retail prices now are Rs 94.12 a litre. Diesel is also the most expensive in Mumbai at Rs 84.63 a litre.
On Tuesday, petrol and diesel prices were hiked by 35 paise per litre each, as per the price notifications of state-owned fuel retailers.
Petrol and diesel prices have increased 11 times in 2021, with the two auto fuels increasing by Rs 2.94 and Rs 2.96 per litre respectively so far.
