Fuel price today: Petrol and diesel prices remained steady for the fifth consecutive day with no change in rates on Tuesday. Petrol and diesel prices were last hiked by 80 paise a litre each on 6 April, Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre.
Oil prices fell about 4% on Monday, with Brent crude tumbling below $100 a barrel on worries that the COVID-19 pandemic will cut demand in China and as International Energy Agency (IEA) countries plan to release record volumes of oil from strategic stocks.
Petrol in Delhi costs Rs 105.41 per litre while diesel rates will cost Rs 96.67, according to a price notification of state fuel retailers. In Gurugram, one litre of petrol will cost Rs 105.86 and Rs 97.10 for one litre of diesel.
There has been14 increases in prices since the ending of a four-and-half-month-long hiatus in rate revision on March 22. In Mumbai, one litre of petrol will cost Rs 120.51 and diesel Rs 104.77 per litre respectively.
In Chennai, the petrol and diesel prices are at Rs 110.85 and Rs 100.94 per litre. In Kolkata, the price of petrol is Rs 115.12 and diesel is Rs 99.83. In Bengaluru, one litre of petrol will cost Rs 111.09 and one litre of diesel will cost Rs 94.79.
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Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. Sharp rise in prices of essential commodities over the past few months and the latest burden of steep hike in fuel rates have made life difficult for almost every section of the society across the country, as people say they are finding it hard to manage their household budget.
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