Fuel Price hike: Check Petrol and diesel latest prices

The petrol and diesel prices were hiked again by 80 paise a litre each on Wednesday, taking the total increase in rates in the last 16 days to Rs 10 per litre or over 10%. Fuel Price hike: Check Petrol and diesel latest prices.

Carrying forward from yesterday’s hike, Petrol in Delhi will continue to cost Rs 105.41 per litre, as against Rs 104.61 previously, while diesel rates have gone up from Rs 95.87 per litre to 96.67, according to a price notification of state-run fuel retailers.

Fuel rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. Yesterday’s hike was the 14th increase in prices since the ending of a four-and-half-month-long hiatus in rate revision on March 22.

In all, petrol and diesel prices have gone up by Rs 10 per litre each or 10.5%. Petrol in Delhi was priced at Rs 95.41 a litre prior to the start of the revision cycle on March 22. The increase in diesel rate is 11.5% over the Rs 86.67 a litre rate prevalent prior to the 14 hikes.

Petrol and diesel prices have been hiked by 80 paise a litre each for five straight days, totalling Rs 4 per litre – a record increase for any five days since the start of daily price revision in June 2017. The Rs 10 a litre increase in rates in just over a fortnight too is the highest ever any equivalent period in two decades, according to price information available from state-owned fuel retailers.

Petrol prices have surged past Rs 100 a litre mark in all major cities across the country while diesel is above that level in several places in Maharashtra, Andhra Pradesh, Odisha, Chattisgarh, Telangana, Madhya Pradesh, Bihar, Jharkhand, Tamil Nadu and Kerala.

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Parbhani in Maharashtra has the costliest petrol in the country at Rs 123.46 a litre, while diesel is costliest at Chittoor in Andhra Pradesh (Rs 107.61 a litre). Rates depend on local taxes as well as freight for transporting the fuel.