New Delhi: On Monday (April 15), State-run oil marketing companies increased the prices of petrol prices by 5-6 paisa per litre while diesel prices remained unchanged across four major cities in the country. In Delhi, petrol is priced at Rs 72.98 as compared with Rs 72.92 on Sunday, and diesel price is static at Rs 66.26 per litre, as per data from Indian Oil Corporation website. It is worth noting that the retail fuel prices of petrol and diesel in Delhi are the cheapest among all metros and most state capitals due to lower taxes.
Here it is worth mention that in all four major metro cities prices are as, in Kolkata, petrol is retailing at Rs 75 a litre, 6 paise increase from yesterday’s price while diesel prices remain unchanged at Rs 68 a litre. Similarly, in Mumbai, the retail prices of petrol and diesel are Rs 78.55 (6 paise increase) a litre and Rs 69.35 per litre respectively. After today’s rate revision, in Chennai, the prices of petrol and diesel are Rs 75.75 a litre and Rs 69.96 per litre respectively. Petrol was sold at Rs 75.68 a litre while the price of diesel was Rs 69.96 per litre in Chennai on Sunday. This year the retail prices of petrol price went up by about Rs 4 per litre in major cities of the country. In tandem with petrol, diesel prices have been hiked by 5 a litre.
However, it is worth mention here that on Monday, in the international oil market, crude prices fell following Brent hit a new five-month high in the previous session, but worries over global supplies kept prices well supported. International Brent crude oil futures were at USD 71.46 per barrel, down 9 cents, or 0.1 per cent, from their last close. Global crude oil prices rose about 7 per cent in the last one month, with Brent crude past 70/dollar mark, and this abrupt rise has increased India’s import bills.