Fuel Prices Touch New Highs; Petrol Crosses Rs. 97/Litre Mark In Delhi

The state-owned fuel retailers on Sunday yet again revised domestic fuel prices across the country. As per the notification from oil retailers, petrol and diesel prices have been hiked by up to 29 paise and 28 paise, respectively. With new prices coming into effect, two auto fuels have touched a new all-time high of Rs. 97.22 per litre and Rs. 87.97 per litre in Delhi. This is the 27th hike in fuel rates since May 4, 2021, making petrol and diesel costlier by Rs. 6.82 a litre and Rs. 7.24 a litre, respectively. In Mumbai, petrol has already breached Rs. 103 per litre mark, currently standing at Rs. 103.36 per litre, while diesel has touched Rs. 95.44 per litre.

Also Read: Explained: How Fuel Prices Are Calculated In India

Petrol retails above Rs. 108 per litre mark in Sri Ganganagar and Anuppur

Here are the petrol and diesel prices across six major metros on June 20, 2021:

Fuel prices are currently at record highs across the country. Other metro cities too witnessed a similar hike in fuel rates. In Kolkata, petrol is now priced at Rs. 97.12 per litre, while diesel costs Rs. 90.82 per litre. Prices of two auto fuels in Chennai now stand at Rs. 98.40 per litre and Rs. 92.58 per litre. Petrol and diesel prices in Bengaluru have reached Rs. 100.47 per litre and Rs. 93.26 per litre, respectively. Customers in Hyderabad will have to pay Rs. 101.04 a litre for petrol and Rs. 95.89 for diesel.

In Rajasthan's Sri Ganganagar district, petrol now retails at Rs. 108.37 a litre, while diesel is priced at Rs. 101.12 per litre. In Rewa district of Madhya Pradesh, petrol and diesel have touched new highs of Rs. 107.64 a litre and Rs. 98.70 a litre. Petrol in Bhopal has jumped to Rs. 105.43 a litre, while diesel costs Rs. 96.65 a litre. In Anuppur, the fuel rates stood at Rs. 108.10 per litre and Rs. 99.04 per litre, respectively. Customers in the Parbhani district of Maharashtra will have to pay Rs. 105.70 a litre and Rs. 96.22 a litre for petrol and diesel, respectively.

Also Read: Fuel Prices Hiked Again; Petrol Nears ₹ 100/Litre Mark In Bengaluru

Fuel rates differ from state to state depending on the incidence of local taxes such as value-added tax (VAT).

Other regions where petrol have already crossed the Rs. 100 per litre mark include Nagpur, Thane, Pune, Navi Mumbai, Jaisalmer, Banswara, Indore, Bhopal, Gwalior, Ratnagiri, Aurangabad, Kolhapur, Nashik, Kakinada, Shivamogga, Leh and Chikmagalur.

Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum are the three leading oil marketing companies. They revise domestic fuel prices with global benchmarks by taking into account alterations in the foreign exchange rates accordingly. The fuel rates vary from state to state in the country due to the value-added tax or VAT.