Petrol, diesel prices remain unchanged for second consecutive day
Photo Credit: ANI

Petrol and diesel prices remained unchanged across the country for the second consecutive day on Thursday.

Accordingly, the price of petrol remains at Rs 98.81 a litre and diesel at Rs 89.18 a litre in Delhi.

Similarly, the price of petrol in the other key metros continues to remain at Wednesday's level. In Mumbai, Chennai and Kolkata, petrol is priced at Rs 104.90, Rs 99.80 and Rs 98.64 per litre, respectively.

With the trend in price movement over past couple of months, petrol would be nationally available at Rs 100 per litre or more soon. Diesel is also catching up fast to hit century across the country.

In line with petrol prices, the price of diesel is also increasing across the country, but its retail price rise remained unchanged on Thursday.

In Mumbai, Chennai and Kolkata, diesel continues to be sold for Rs 96.72, Rs 93.72 and Rs 93.72 per litre, respectively.

Petrol price was hiked by 35 paise per litre and diesel by 28 paise on Tuesday. With Tuesday's price hike, fuel prices have now increased on 32 days and remained unchanged on 28 days since May 1. The 32 increases have taken up petrol prices by Rs 8.42 per litre in Delhi. Similarly, diesel has increased by Rs 8.45 per litre in the national capital.

With global crude prices also rising on a pick-up demand and depleting inventories of the world's largest fuel guzzler - the US, retail prices of fuel in India are expected to firm up further in the coming days. The benchmark Brent crude reached a multi-year high level of over $76 on ICE or Intercontinental Exchange earlier. It has softened a bit to stay over $74 a barrel now.

(With inputs from Agencies)

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