Transportation fuel prices continued with their upward trend, with oil marketing companies (OMCs) on Tuesday again raising petrol and diesel prices by 35 paise a litre each in the National Capital Region (NCR). Petrol prices by 35 paise a litre to ₹87.30. Diesel prices were also up 35 paise a litre, selling at ₹77.48 a litre.
Petrol and diesel retailed at a record high in Mumbai as well, at ₹93.83 a litre and ₹84.36 a litre respectively.
Petrol, Diesel prices in metros
Delhi – 87.30, 77.48
Mumbai – 93.83, 84.36
Koltata – 88.63, 81.06
Chennai – 89.70, 82.66
Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. Global oil prices today rose to their highest in 13 months as supply cuts by major producers and optimism over fuel demand recovery support energy markets.
Brent crude futures for April gained 29 cents, or 0.5%, to $60.85 a barrel. Additional supply reductions by top exporter Saudi Arabia in February and March, on top of cuts by producers in the Organization of the Petroleum Exporting Countries and their allies, are tightening supplies and balancing global markets.