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Petrol@Rs 86.72! Fuel prices rise for 10th day in a row; check rates here

The surge in petrol and diesel prices is largely attributed to the rise in crude oil prices and high rate of excise duty in the country

BS Web Team  |  New Delhi 

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An employee stands next to a pump at a fuel station in New Delhi | Photo: Reuters

Petrol and diesel prices rose for the tenth consecutive day on Tuesday to be sold at Rs 79.31 and Rs 71.34 per litre respectively in Delhi. The latest increase has taken the to a new all-time high.

In Mumbai, petrol price has increased by 16 paise to be now sold at Rs 86.72 per litre.

In Kolkata and Chennai, the petrol is priced at Rs 82.22 and Rs 82.41 per litre respectively.

Diesel rates also saw a similar increase across the country.

In Delhi, Kolkata, Mumbai and Chennai, the fuel is being sold at Rs 71.34, Rs 74.19, Rs 75.734 and Rs 75.39 per litre respectively. The rates are around 20 paise higher than that of Monday.

The surge in is largely attributed to the rise in crude oil prices and high rate of excise duty in the country. Brent crude oil is currently priced over $78 per barrel.

ALSO READ: Hike in gas, diesel, petrol prices is 'real GDP' growth: Cong taunts govt

The recent slump in rupee also has lifted the import cost of crude oil, subsequently raising

Petroleum Minister Dharmendra Pradhan has blamed "external" factors for the rise in petrol and diesel prices.

"I would like to mention two points, and both these subjects are external. (Organisation of the Petroleum Exporting Countries) had promised that it will raise production by one million barrels per day, which was not raised," he told reporters in Surat on Sunday. Petrol

City Rate today Rate on Monday Increase (paise)
Delhi 79.31 79.15 16
Mumbai 86.72 86.56 16
Kolkata 82.22 82.06 16
Chennai 82.41 82.24 17
Diesel
City Rate today Rate on Monday Increase (paise)
Delhi 71.34 71.15 19
Mumbai 75.74 75.54 20
Kolkata 74.19 74.00 19
Chennai 75.39 75.19 20

With agency inputs

First Published: Tue, September 04 2018. 10:42 IST
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