Petrol, Diesel prices keep soaring higher

Following the hike in fuel rates by 35 paise for the fourth consecutive day, prices of petrol and diesel across India have surged to an all-time high.

A litre of petrol in Delhi now costs Rs 108.99 while Rs 97.72 is the price of a litre of diesel. In Mumbai, the rate of petrol currently stands at Rs 114.81 and diesel Rs 105.86 a litre each. Petrol and diesel cost Rs 109.46 and Rs 100.84, respectively, in Kolkata and Rs 105.74 and Rs 101.92, respectively, in Chennai. In Bengaluru, a litre of petrol is available at Rs 112.79 and diesel at Rs 103.72.

Petrol and diesel prices are revised by the oil marketing companies including Bharat Petroleum, Indian Oil and Hindustan Petroleum. The new prices are implemented at 6 am every day. States and cities have different fuel prices because of the value-added taxes, local and freight charges which vary depending on the place.