Petrol and diesel prices were increased by 80 paise per litre today after a period of over four months. The price of domestic cooking gas (LPG) was increased by Rs 50 per cylinder.
Petrol price in the national capital has gone up from Rs 95.41 to Rs 96.21 per litre while diesel in Delhi will now cost Rs 87.47 a litre. Petrol and diesel prices per litre in Mumbai will cost Rs 110.82 and Rs 95.00 respectively. In Kolkata, petrol and diesel will cost Rs 105.51 and Rs 90.62 per litre respectively while the prices in Chennai will be Rs 102.16 and Rs 92.19 respectively. After November last year, this is the first fuel price hike.
A 14.2-kg LPG cylinder will now cost Rs 949.50 in Delhi from today. Domestic LPG rates were last revised on October 6 by Rs 15. Earlier on March 1, the prices of 19 kg commercial LPG cylinders was increased by Rs 105 in Delhi. Till now, fuel prices have been steady since early November when the Centre reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively. The OMCs revise the transportation fuel cost based on various factors such as rupee to US Dollar exchange rate, cost of crude oil and demand of fuel amongst others.
