Petrol Price: Petrol in Chennai crosses Rs 100; 99 in Delhi, Kolkata | India Business News – Times of India

New Delhi: petrol price On Friday, Chennai as well as some places in Punjab and Kerala crossed the Rs 100 per liter mark. fuel Prices were hiked once again.
Petrol costs over Rs 99 per liter in Delhi and Kolkata – the only metro cities that have not yet seen the Rs 100 mark.
Petrol price was hiked by 35 paise per liter on Friday, but there was no change in diesel rates, according to a price notification from state-owned fuel retailers.
On Thursday, the price of domestic cooking gas (LPG) was increased by Rs 25.50 per 14.2 kg cylinder. The cost of subsidized and non-subsidised cylinders in Delhi is now Rs 834.50.
Petrol price hike – 33rd in two months – took rates across the country to new highs.
Petrol price in Chennai increased to Rs 100.13 per liter. diesel price remained unchanged at Rs 93.72 per liter in the city.
Petrol is now Rs 99.16 a liter in Delhi and Rs 99.04 a liter in Kolkata.
Other metro cities – Mumbai, Bengaluru, Hyderabad and Pune – had crossed the Rs 100 per liter price mark last month.
Fuel prices vary from state to state based on the incidence of local taxes such as value-added tax (VAT) and freight charges.
For this reason, petrol has crossed Rs 100 per liter mark in some places in Punjab and entire Kerala. The fuel cost in Jalandhar, Punjab is Rs 100.22 per liter while in Thiruvananthapuram, Kerala it costs Rs 101.14.
With this, petrol has crossed Rs 100 per liter mark in Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Kerala, Bihar, Punjab and Ladakh.
In Puducherry and Gangtok it is more than Rs 99 per litre.
Diesel prices, the most widely used fuel in the country, have crossed the Rs 100 per liter mark in Sri Ganganagar and Hanumangarh in Rajasthan as well as at some places in Odisha.
The hike in prices on Friday is the 33rd increase in prices since May 4, when state-owned oil companies ended the 18-day hiatus in rate revision during assembly elections in states like West Bengal.
Petrol price has increased by Rs 8.76 per liter in 33 hikes. Diesel prices have increased by Rs 8.45 per liter in 32 cases of price hike.
Oil companies revise the rates of petrol and diesel daily in the last 15 days based on the average price of the benchmark fuel in the international market and foreign exchange rates.
International oil prices have risen in recent weeks on optimism of a sharp recovery in fuel demand. Brent crude touched USD 75 per barrel mark for the first time since April 2019.

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