Petrol price to cross Rs 100 mark again? Daily revisions could hit vehicle owners next week
Zee News
With the latest revision in prices, petrol is selling at Rs 97.01 per litre in Delhi.
New Delhi: Petrol and diesel increased for days straight on March 22 and 23, after a hiatus of more than four months on fuel rates across the country. On both occasions, petrol and diesel rates were increased by 80 paise. With daily revisions coming into action again, it is expected that petrol price could soon touch the Rs 100 mark in the capital city, Delhi.
With the latest revision in prices, petrol is selling at Rs 97.01 per litre in Delhi. On the other hand, diesel is selling at 88.27 per litre in the national capital. Meanwhile, in the financial capital of India, Mumbai, petrol is selling at Rs 111.67. Whereas, diesel is available at Rs 95.85 per litre.
It was earlier reported that petrol and diesel in India were to witness a sharp rise after the results of polls in five states. While the results were declared on March 10, there hasn’t been much change in fuel prices. Also Read: Nothing announces Phone (1), check smartphone’s expected launch date, features
However, the restart of daily revision of fuel rates could result in a steep rise in petrol and diesel in the coming days. According to a report by JP Morgan, petrol and diesel prices are required to be hiked by Rs 9 a litre to bridge the gap created by international oil prices soaring past $100 a barrel. The report had come earlier this month, and since then, there has been a further increase in international fuel prices. Also Read: Instagram starts product tagging feature; check how it works
Petrol and diesel prices in Indian cities
