Fuel Prices: Diesel Price hikes by Rs.25 per litre, Petrol remains stable
Oil marketing companies have increased the price of diesel by Rs 25 per litre. However, the prices of petrol have remained unchanged.
The impact of the rise in crude oil prices in the international market has led to oil marketing companies to increase the price of diesel by Rs 25 per litre for bulk users. The prices are raised after witnessing a 40% hike in the international oil rates amid Russia-Ukraine crisis. This information has been given in a report quoting sources. However, there has been no increase in the rate for retail users at the petrol pump.
The current rates
In Delhi, the price of diesel has reached to Rs. 115 per litre for bulk users. On the other hand, diesel is selling at petrol pumps at the rate of Rs 86.67 per liter for retail customers. As per the sources, "other bulk users to be impacted are industries that use bulk diesel, as the hike in their input costs may lead to increase in manufacturing prices of the goods. Others hit by the surge include malls and airports as they use huge quantities of diesel for generating back up electricity", as reported by the Times of India.
There has been a significant increase in the price of oil and fuel across the world. Despite this, PSU oil companies have not increased the price of petrol and diesel for retail customers from 4 November 2021.
Latest Fuel rates for retail customers
Mumbai
Petrol is selling at Rs 109.98 per litre and diesel is costing Rs 94.14 per litre.
Delhi
Petrol is retailing at Rs 95.41 per litre and diesel is selling at Rs 86.67 per litre.
Chennai
Petrol is costing Rs 101.40 per litre and diesel is selling at Rs 91.43 per litre.
