Petrol, diesel prices surge again in India

2021-10-16 06:05:58 GMT2021-10-16 14:05:58(Beijing Time) Xinhua English

NEW DELHI, Oct. 16 (Xinhua) -- Petrol and diesel prices rose to their highest levels in India on Saturday for the third straight day.

The price hike pushed the price of petrol in India capital New Delhi to INR 105.49 (1.41 U.S. dollars) per liter and diesel to INR 94.22 (1.26 U.S. dollars) a liter.

In India's financial capital Mumbai, a liter of petrol costs 111.43 (1.49 U.S. dollars) and diesel INR 102.15 (1.36) per liter.

In the eastern metropolitan city of Kolkata, petrol costs INR 106.10 (1.41 U.S. dollars) a liter and diesel is retailing at INR 97.33 (1.30 U.S. dollars) a liter.

In the southern metropolitan city of Chennai, petrol is priced at INR 102.70 (1.37) a liter, while diesel per liter costs INR 98.59 (1.31 U.S. dollars).

For two days of this week Oct. 12 and 13 (Tuesday and Wednesday, there was no change in the fuel rates.

Petrol price in most of the country is already above INR 100 a liter mark, however, diesel rates have crossed 100 mark level in a dozen states, including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra and Karnataka, reports said.

Fuel prices in India differ from state to state depending on the incidence of local taxes.

Reports said the current surge is the 15th hike in gasoline prices and the 18th increase in diesel prices since the end of a three-week rate revision respite in the last week of September.

The increase in domestic fuel price comes on the back of international crude rates which are at their seven-month high levels. Enditem