Petrol, diesel prices remain unchanged across metros

by IANS |

New Delhi, Jan 11 (IANS) Retail fuel prices across the four metro cities remained unchanged for the fourth consecutive day on Monday.

Accordingly, in the national capital, petrol was sold at the record high of Rs 84.20 per litre, reached on Thursday (January 7).

In Mumbai, Chennai and Kolkata, the fuel was priced at Rs 90.83, Rs 86.96 and Rs 85.68 per litre, respectively.

Petrol and diesel prices had increased on two successive days last Wednesday and Thursday taking gasoline to record high levels in Delhi while keeping its prices very close to record high levels in other metro cities.

The rise came amid rising crude oil prices. Currently, Brent crude price is high near the $56-per-barrel mark.

Diesel price was also the same for the fourth consecutive day across the metros. In Delhi, Mumbai, Chennai and Kolkata, diesel was priced at Rs 74.38, Rs 81.07, 79.72 and Rs 77.97, all unchanged levels since Thursday.

At Rs 84.20 a litre in Delhi, petrol price has breached the highest level in the national capital after October 4, 2018, when the rate rose to Rs 84 a litre.

The OMCs' patience of holding back fuel prices was broken on Wednesday when they increased the retail price of petrol and diesel for the first time this year after over a month-long pause.

Petrol price was very close to breaching the all-time high level of Rs 84 a litre (reached on October 4, 2018) when it touched Rs 83.71 a litre on December 7, 2020. But the march had been halted ever since then with no price revision by the OMCs.

Latest News
Reservation given earlier to Muslim community continued in Karnataka: CM Siddaramaiah Thu, Apr 25, 2024, 04:37 PM
Adani Group's ACC Limited logs highest-ever annualised PAT at Rs 2,337 crore in FY24 Thu, Apr 25, 2024, 04:34 PM
Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings Thu, Apr 25, 2024, 04:33 PM
Commonwealth Secretariat recognises India's Public Redress System as global best practice Thu, Apr 25, 2024, 04:31 PM
Congress, SP playing divisive politics, says PM Modi in Agra Thu, Apr 25, 2024, 04:28 PM
Former Zimbabwe cricketer Guy Whittall injured by leopard Thu, Apr 25, 2024, 04:24 PM
'NWHL provides a platform for our top women's hockey talent to show their skills', says Bhola Nath Singh Thu, Apr 25, 2024, 03:54 PM
ICEA shares blueprint for India to become a global leader in chip value chain Thu, Apr 25, 2024, 03:53 PM
Nestle India’s net profit up 27 pc in Q4; to form a JV with Dr Reddy's Laboratories Thu, Apr 25, 2024, 03:53 PM
More minors being 'groomed' into making sexual videos amid toughened punishment: South Korea Thu, Apr 25, 2024, 03:52 PM
North Korea touts ties with Russia on Kim-Putin summit anniversary Thu, Apr 25, 2024, 03:51 PM
Constituency watch: TMC at advantage in minority-dominated Uluberia Thu, Apr 25, 2024, 03:50 PM
Constituency Watch: BJP, Congress and Kshatriya community in showdown at Gujarat's Surendranagar Thu, Apr 25, 2024, 03:49 PM
Cong candidate in Kerala suspects foul play as list of poll officials leaked, one suspended Thu, Apr 25, 2024, 03:48 PM
Congress tied hands of our soldiers, we gave them full freedom to retaliate: PM Modi Thu, Apr 25, 2024, 02:02 PM