India

Continuous 14th day hike in fuel prices

According to the data from oil marketing major IndianOil, petrol price rose to Rs 78.12 in Delhi on Sunday from Rs 77.97 a liter on Saturday.

Not only in Delhi but prices in Mumbai and Chennai have already reached record-breaking levels. In Mumbai and Chennai, petrol was sold at Rs 85.93 and Rs 81.11 a liter, respectively, up from Rs 85.78 and Rs 80.95 per liter on Saturday.

In addition, price in Kolkata inched up to Rs 80.76, against 80.61 per liter on the previous day.

Diesel’s price is also on the hike and rose to Rs 69.06, Rs 71.61, Rs 73.53 and Rs 72.91 liter on Sunday in Delhi, Kolkata, Mumbai, and Chennai, respectively.

consumers can expect some relief as the Brent crude oil prices have eased to around $76 from $78 per barrel on Friday.

As per the country’s pricing mechanism, the domestic petrol prices are dependent on the international fuel price on a 15-day average.

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