|
|
|
Fuel prices rise again across the country; petrol costs Rs 102/ltr in Mumbai
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 11 Jun, 2021
The common man continues to face the heat from rising fuel prices as oil
marketing companies once again decided to pass on the rise in global
oil rates to consumers on Friday.
Accordingly, retail price of
petrol and diesel got dearer by 29 paisa per litre and 28 paisa per
litre to touch new high of Rs 95.85 and Rs 86.75 per litre respectively
in Delhi.
In the city of Mumbai, where petrol prices crossed Rs
100 mark for the first time ever on May 29, the fuel price reached new
high of Rs 102.04 per litre on Friday.
Diesel prices also increased in the city to reach Rs 94.15 a litre, the highest among metros.
Across
the country as well petrol and diesel prices increased between 26-32
paisa per litre on Friday but its retail prices varied depending on the
level of local taxes in different states.
Sri Ganganagar, a small
city in northernmost part of Rajasthan near the India-Pakistan border
is all set to get the dubious distinction of becoming the first city in
the country where retail prices of both both auto fuels - petrol and
diesel - will be hitting the century mark.
The city already has
the distinction of having the highest pump price of petrol across the
country at Rs 106.95 a litre. With diesel prices now increasing there by
another 30 paisa per litre on Friday to reach Rs 99.81 a litre, the
city is just a day away to hit a century mark for this fuel class as
well.
Elsewhere in Rajasthan, especially towns near the border
areas, diesel is expected to touch Rs 100 mark in a day. So, will be the
case in a few places in Madhya Pradesh, Maharashtra, Telangana, Tamil
Nadu, Andhra Pradesh, Karnataka and Bihar, where by virtue of higher
VAT rates, fuel prices are always much higher than rest of the country.
Premium fuels are already above Rs 100 mark in several cities for past
few months.
With Friday's price hike, fuel prices have now
increased on 22 days and remained unchanged on 20 days since May 1. The
22 increases has taken up petrol prices by Rs 5.45 per litre in Delhi.
Similarly, diesel have increased by Rs 6.03 per litre in the national
capital.
With global crude prices also rising on a pick up demand
and depleting inventories of worlds largest fuel guzzler - US, retail
prices of fuel in India is expected to firm up further in coming days.
The benchmark Brent crude is currently at $ 72.23 on ICE or Intercontinental Exchange .
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|