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Another Day, Another Hike: Petrol, Diesel Prices Continue To Rise

Along with petrol, the price of diesel is also touching a record high. Diesel has become costlier by Rs 6.73 per litre during 23 days in the new year.

 

Petrol and diesel prices have risen for the 11th consecutive day. Today, the price of petrol increased by 31 paise. The price of diesel rose by 33 paise. With this, petrol in Delhi reached Rs 90.19 and diesel Rs 80.60. Petrol has become expensive by Rs 3.24 a litre in 11 consecutive days in Delhi, while the price of diesel has increased by Rs 3.49 per litre.

Petrol price crosses 91 in major cities

However, petrol has now crossed Rs. 91 per litre in major cities of the country. Diesel crossed Rs 85 per litre. Crude oil prices, however, moderated yesterday and remained steady at $64 a barrel. At present, oil prices are at an all-time high in the country.

Oil became expensive for 23 days

In January and February, petrol has become expensive for 23 days, but in these days it has become expensive by Rs 6.38. Petrol in Mumbai has reached Rs 96.62. XP Petrol is being sold at Rs 101.11 in Bhopal. If seen, the price of petrol has increased by more than Rs 19 per litre in the last 10 months.

Diesel price also increased by Rs 6.73

Along with petrol, the price of diesel is also touching a record high. Diesel has become costlier by Rs 6.73 per litre during 23 days in the new year. In Bhopal, it is selling at a price of Rs 88.84. In just 10 months, its price has increased by about 17 rupees.

The government is currently levying excise duty of Rs 32.90 on one litre of petrol. Petroleum Minister Dharmendra Pradhan had said in Parliament that there is currently no idea to reduce excise duty on petroleum products. For the first time since the Covid crisis in the global market, the price of crude oil has gone up to $ 65 per barrel. India buys about 80% of petroleum needs from abroad.

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