Fuel Price Hike: Petrol Nears Rs 84 Per Litre in Delhi, Diesel to Breach Rs 80 Mark in Mumbai
The price of petrol in Delhi increased by Rs 0.12 to Rs Rs 83.85 while the price of diesel was up by Rs 0.16 at Rs 75.25 per litre.
New Delhi, October 2: Fuel prices in India continued the upward trend across the country as the petrol and diesel prices entered new record height on Tuesday. The price of petrol in Delhi increased by Rs 0.12 to Rs Rs 83.85 while the price of diesel was up by Rs 0.16 at Rs 75.25 per litre. Meanwhile, in Mumbai, petrol prices crossed Rs 90-run mark with the fuel being sold at Rs 91.20 per litre. The diesel price is Rs 79.89 per litre, increased by Rs 0.17. Petrol, Diesel Price Rise Effect: Daily Use Products, Smartphones to Cost 5-8 Per Cent More as Fuel Rate Soars.
The hike in fuel prices has been a major concern since the past few months. The Opposition has blamed the Modi government for not doing enough to keep a check on prices, The government, however, has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products. Commuters can also check the prices of petrol and diesel in your city by locating the nearest petrol pump online or by sending an SMS. Here's how you can do this.
On September 2, the price of petrol broke the May 29 record high of Rs 86.24 in Mumbai and has been on a rising spree since then. Earlier this week, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said the sudden hike in the price of petrol and diesel in the country was because of the depreciation in the value of the Indian Rupee against the US dollar. Pradhan also said one of the reasons behind the rise could be the decrease in the production of oil in the countries that produce them.
(The above story first appeared on LatestLY on Oct 02, 2018 08:50 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).