Published On: Sun, May 27th, 2018

Fuel prices continue to rise for 14th consecutive day

New Delhi: Driving to work every day is set to burn an even bigger hole in commuters’ pockets across the nation as fuel prices were hiked for a 14th straight day on Sunday.

Petrol and diesel prices continue to rise for 14th consecutive day since May 14 when Karnataka Assembly elections ended.

The revised petrol prices in metropolitan cities are- Delhi: Rs 78.12 per litre; Mumbai: 85.93; Kolkata: 80.76 and Chennai: 81.11.

Meanwhile, the cost of diesel per liter has been increased to 69.06 in Delhi: 68.90; 71.61 in Kolkata, 73.53 in Mumbai and 72.91 in Chennai.

As the Centre has come under fire over fuel price hike, Union Petroleum and Natural Gas Minister Dharmendra Pradhan earlier assured the public that the government will soon take out a solution to tackle the situation.

He further pointed out that less production of oil in the Organization of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the international market are some of the factors affecting the fuel price.

In April, Pradhan had said the Centre and the state governments have been considering bringing the petroleum products under the ambit of Goods and Services Tax.

ANI

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