Prices Of Petrol, Diesel Hiked For Fourth Consecutive Day

Story Highlights
  • Petrol and diesel prices were hiked for the fourth day in a row on Saturday.
  • Petrol is retailing at Rs 107.24 per litre in the national capital.
  • The central government is in talks with oil-exporting countries.

New Delhi: On Saturday, petrol and diesel prices were hiked for the fourth day in a row across the country. Petrol prices in the national capital increased to Rs 107.24 per litre with a hike of Rs 0.35, while diesel prices increased by the same amount to Rs 95.97 per litre.

In Mumbai, a litre of petrol costs Rs 113.12 and a litre of diesel costs Rs 104.00. In Kolkata and Chennai, petrol and diesel cost Rs 107.78 and Rs 99.08, respectively, while in Chennai, they cost Rs 104.22 and Rs 100.25.

Rates have been raised across the country and vary by state, based on the amount of value-added tax imposed. The country’s growing fuel prices are not going to go away anytime soon. The central government is in talks with a number of oil-exporting countries about oil supply and demand, but there is no chance of fast price relief. 

According to a source, the Ministry of Petroleum and Natural Gas recently expressed concerns regarding oil pricing, supply, and demand to the main oil-producing countries. The petroleum ministry has contacted the energy ministries of numerous nations, including Saudi Arabia, Kuwait, the United Arab Emirates, Russia, and others, since crude oil prices have risen globally.

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