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Petrol and diesel prices continued to soar up in the country as major cities recorded the highest hike in the fuel prices since 2013. With the daily revision of fuel prices in India, the petrol and diesel prices are rising day-by-day at a steady rate.
In the national capital Delhi, a litre of petrol now retails at Rs 75.32 and the diesel is priced at Rs 66.79/litre. This is the highest petrol price since September 2013 when the petrol price rose to Rs 76.06/litre. With the current trend, the fuel prices are expected to go up in the coming days.
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In the finance capital Mumbai, the petrol costs Rs 83.16/litre. The last recorded highest petrol price in Mumbai was Rs 83.62/litre in September 2013. The prices of diesel have also soar up and retails at Rs 71.12/ litre. With the increasing price, there is no relief for the public.
The fuel prices also surged up in Bangalore as the petrol costs Rs 76.54/litre and the diesel is priced at Rs 67.94/litre. In Chennai, the petrol is retailed at Rs 78.16/litre and a litre of diesel costs Rs 70.49. The situation is no different in other parts of the country.
The fuel prices in Kolkata has also gone up. The petrol costs Rs 78.01/litre, and the diesel is priced at Rs 69.33/litre. Mumbai becomes the most affected city in India when it comes to fuel price hike. The petrol and diesel prices are significantly increased in just a few days time since we last reported about the price hike across the country.
The oil companies set the prices of petrol and diesel depending upon the price of crude oil in the international market. The exchange rate of the Indian currency also plays a role in the price hike. The government has no role in the fuel price hike except for the extra tax levied by respective state governments.
Thoughts On The Petrol And Diesel Price Hike In India
The fuel prices in India have hit an all-time high since 2013 in major metro cities. The motorists will feel the heat of the surge in fuel prices across the nation. The prices of diesel have also been hiked and it will have an adverse impact on the citizens as transport departments across the country are expected to raise the price of their services.