Petrol, diesel prices hiked for fourth consecutive day
Petrol and diesel prices were increased across the country for the fourth consecutive day on Saturday. With a hike of Rs 0.35, petrol price in the national capital increased to Rs 107.24 per liter, while diesel price increased by the same amount to Rs 95.97 per litre.
The price of petrol and diesel in Mumbai is Rs 113.12 and Rs 104.00 per liter respectively.
For Kolkata and Chennai, the price of petrol and diesel is Rs 107.78 and Rs 99.08 respectively in Kolkata and Rs 104.22 and Rs 100.25 in Chennai respectively.
Rates have been increased across the country and vary from state to state depending on the incidence of Value Added Tax.
Rising fuel prices in the country are not going to come down immediately. On the issue of supply and demand of oil, the central government is in talks with many oil exporting countries but there is no possibility of immediate relief in prices.
A source said on Monday that the Ministry of Petroleum and Natural Gas has recently raised concerns on the issue of prices, supply and demand for oil for major oil producing countries.
“As international crude oil prices rise, the petroleum ministry has called on the energy ministries of several countries such as Saudi Arabia, Kuwait, the United Arab Emirates, Russia and others,” the source said.
(with inputs from ANI)
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