Petrol price goes up, diesel rate remains unchanged

Global cues pushed petrol prices up again across the country by 30 paise per litre to Rs 101.84 a litre in Delhi, adding further pressure to the stretched budgets of consumers grappling with rising food prices amidst shrinking income.

However, unlike uniform price movement earlier, this time around while the pump price of petrol saw a change, diesel rates remained stagnant, offering some relief to the transport sector.

In the Capital, diesel price remained at Friday’s level of Rs 89.87 a litre.

In Mumbai, where petrol prices crossed Rs 100 mark for the first time ever on May 29, the fuel price reached new high of Rs 107.85 per litre on Saturday. Diesel prices in the city is also at Rs 97.45, the highest among metros.

Petrol prices in all metros have now crossed Rs 100 per litre mark and OMC officials said that if international oil prices continue to firm up, rates may rise further.

With Saturday’s price hike, fuel prices have now increased on 41 days and remained unchanged on 37 days since May 1. The 41 increases have taken up petrol prices by Rs 11.44 per litre in Delhi. Similarly, diesel has increased by Rs 9.14 per litre in the national capital.