Price Hike! Diesel heads to 100, petrol prices hiked 5th time in a week.

Updated : Oct 03, 2021 10:23
|
Editorji News Desk

Petrol and diesel prices were hiked once again as global prices continue to edge higher.

 Petrol price increased by 21 to 30 paise per litre across India on the day, while diesel price increased by 29 to 32 paise per litre.

This is the fifth hike in petrol prices in a week and has pushed the pump price to Rs 108.43 in Mumbai and Rs 102.39 in Delhi.

Diesel consumers are feeling the hit more as rates have gone up 8 times in the past 10 days with the fuel now retailing at  Rs 98.48 a litre in Mumbai.

Also watch | Rahul: Modi govt earned ₹23 lakh cr in taxes on cooking gas, diesel and petrol in 7 years

Global crude prices are near a 3-year high with no respite in sight from the supply.

Oil producers will meet on Monday as The Organization of the Petroleum Exporting Countries and allies will decide if they need to increase supply into the market as post-pandemic demand has picked up. 


PetrolDieselPrice HikePetrol and diesel

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak