Понедельник, 28 Мая, 2018

Diesel Price Hits Fresh All-Time High, Petrol Costliest Since September 2013

Petrol Prices Rise To 5-Year High, Diesel Costliest Ever Petrol Price In Mumbai Hits A New High Since 2013 — Selling At Rs 81.93 Per Litre
Preston Stone | 21 Апреля, 2018, 03:15

This year itself, diesel prices have risen by Rs 4.84 per litre while petrol prices have risen by Rs 4.09 per litre.

Petrol in Delhi was Rs 74.08 per litre on Friday, April 20.

Today's petrol price in Kolkata was Rs 76.78, in Mumbai Rs 81.93 and in Chennai Rs 76.85.

The fuel prices in Hyderabad are comparatively higher when compared with other metro cities in the country, except Mumbai. Though it is selling at different prices in different cities, Mumbai registered the highest rate.

India imports 80 per cent of its crude oil requirement and any increase in prices in the global market leads to an increase in the price of petrol, diesel and LPG.

Читайте также: All BJP ministers in J&K government asked to resign

Chidambaram pointed out the current petrol and diesel prices are higher than the fuel prices in May 2014 despite crude being cheaper than what it was then.

Oil prices in the worldwide market on Thursday jumped to three-years high as United States crude inventories declined and the world's top exporter Saudi Arabia pushes for higher prices by continuing to curtail supplies.

In a series of tweets, he said the government was clueless and floundering on the issue. The dealers expect the prices to increase further in the coming days on the back of increasing global crude oil prices. Minus the oil bonanza, the BJP government is clueless and floundering. This allowed government to end subsidy on petrol and made consumers pay for market-linked prices.

The demand for a cut in excise duty by the Centre and a cut in Value-Added Tax by the state government is on the high to check price rise. The central government in October 2017 had reduced the excise duty by Rs 2 per litre, which provided moderate relief to the public.

The oil prices are expected to be increased by up to Rs 5 for the next month.

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