Fuel prices hiked by more than 80 paise a litre; petrol above Rs 110 in Mumbai

FPJ Web DeskUpdated: Tuesday, March 22, 2022, 07:30 AM IST
article-image
Photo Credit: PTI

After a freeze of 137 days, petrol and diesel prices were hiked by over 80 paise a litre on Tuesday.

With this hike, the price of petrol per litre in Delhi has soared to Rs 96.21 and diesel Rs 87.47 each per litre.

In the financial capital-Mumbai, petrol is being retailed at Rs 110.82 per litre and diesel now costs Rs 95.00 a litre.

In Kolkata, petrol is being retailed at Rs 105.51 while diesel costs Rs 90.62 per litre. In Chennai, petrol is available at Rs 102.16 and diesel for Rs 92.19.

This is the first fuel price hike since November 2, 2021.

Earlier, the price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40 per cent rise in international oil prices, but retail rates at petrol pumps remain unchanged.

Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers.

(With inputs from Agencies)

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Partition Horrors Remembrance Day: PM Modi pays homage to those who were killed

Partition Horrors Remembrance Day: PM Modi pays homage to those who were killed

Navi Mumbai: Session on 'science-based society' with scientist Dr Raghunath Mashelkar today at Vashi

Navi Mumbai: Session on 'science-based society' with scientist Dr Raghunath Mashelkar today at Vashi

Navi Mumbai Traffic police destroys 151 high-volume modified silencers of two-wheelers

Navi Mumbai Traffic police destroys 151 high-volume modified silencers of two-wheelers

Rakesh Jhunjhunwala's Bollywood connection: What's common between the late billionaire and Sridevi?

Rakesh Jhunjhunwala's Bollywood connection: What's common between the late billionaire and Sridevi?

Tributes pour in for late business magnate Rakesh Jhunjhunwala

Tributes pour in for late business magnate Rakesh Jhunjhunwala