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Petrol, Diesel Prices Remain Stable After 10 Days Of Continuous Rally


The fuel prices on Wednesday have remained unchanged after 10 days of continuous price rise. The relentless surge in price of both diesel and petrol which have scaled new highs was mainly on account of the rising crude oil price and the higher levies by the central government on both the commodities.

Petrol, Diesel Prices Remain Stable After 10 Days Of Continuous Rally

In the national capital region, petrol and diesel was retailing at Rs 79.31 per litre and Rs 71.34 per litre, respectively.

While in other metros too the prices remain unchanged, petrol in Kolkata, Mumbai and Chennai is priced at Rs 82.22 per litre, Rs 86.72 per litre and Rs 82.41 a litre respectively. And diesel is selling for Rs 74.19 per litre in Kolkata, Rs 75.74 per litre and Rs 75.39 per litre in Mumbai and Chennai respectively.

In today's session, brent crude oil dropped in price by 0.4% to $77.83 per barrel.

In the ongoing fiscal year, petrol and diesel prices have surged by huge 8.20 percent and 11 percent respectively in the national capital.

On Tuesday, petrol and diesel prices climbed to new record highs mainly due to falling rupee currency and sharp surge in crude oil price.

Petrol and diesel prices in the country touched their highest levels on Tuesday mainly due to fall in rupee and a sharp rise in crude oil rates.

Read more about: petrol diesel crude oil rupee
Story first published: Wednesday, September 5, 2018, 10:45 [IST]
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