Published On: Thu, Sep 27th, 2018

Fuel prices shoot up again

New Delhi: The oil pinch continued on Thursday with petrol and diesel prices being hiked again.

Fuel prices continue to surge, rates at all-time high across country

In New Delhi, petrol is being retailed at Rs 83.00 per litre, while diesel is being sold at Rs 74.24 per litre.

Meanwhile, a litre of petrol has touched Rs 90.35 in Mumbai, while diesel has been capped at Rs 78.82 per litre.

Fuel prices have been witnessing a steep rise since the past few weeks. While the Opposition has blamed the union government for not doing enough to keep a check on prices, the latter has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products.

As per India’s pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee.


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