Petrol, Diesel Prices Hiked For 16th Consecutive Day: Check City-Wise Fuel Rates Here
Reacting the unprecedented increment in fuel prices, Petroleum Minister Dharmendra Pradhan on Monday said a long-term policy is being designed to keep the fuel prices under check.
New Delhi, May 29: Petrol and diesel prices were hiked for a 16th consecutive day on Tuesday, taking the fuel rate to a new record-level in Mumbai, Delhi and other parts of the nation. The spree of hike continues despite a slump being recorded in the international crude oil rate over the past seven days.
The brent crude oil, which peaked at $84.47 on May 14, has lost steam with its rate plunging to $75.36 in the global market. The price correction came shortly after Saudi Arabia and Russia, the two leading producers, agreed to increase their outputs by 1 million barrel per day.
Check City-Wise Fuel Rates in India After 16th Consecutive Hike
Mumbai will continue to pay the highest amount for per litre of petrol, as the price has rocketed to Rs 86.24. Diesel in the city will cost at Rs 73.79. In Delhi, the price of petrol and diesel is Rs 78.43 and Rs 69.31, respectively. Diesel, meanwhile, is being charged the costliest in Hyderabad, where the per litre cost is Rs 75.34.
Petrol prices in all state capitals:
| State Capitals | Prices | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Below is the city-wise diesel prices:
| State Capitals | Prices | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reacting the unprecedented increment in fuel prices by the state-owned oil corporations, Petroleum Minister Dharmendra Pradhan on Monday said a long-term policy is being designed to keep the fuel prices under check. Transport Nitin Gadkari, while speaking at an event yesterday, said a policy-decision is required to slash the petrol and diesel rates. "It is difficult to further subsidise oil," he was reported as saying.
(The above story first appeared on LatestLY on May 29, 2018 09:19 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).