In the second steep hike this month, state-run fuel retailers raised petrol price by Rs.3.13 a litre and diesel by Rs.2.71 on the back of rising international crude rates and falling value of the rupee against the dollar. In Mumbai, petrol will now cost Rs.73.97 (up from Rs.70.84) and diesel will set you back by Rs.59.58, up from 56.87.
The increase in other states will vary depending on local taxes. After the latest revision, petrol costs Rs.66.29 a litre in Delhi and diesel Rs.52.28 from Saturday . This is the fourth increase in fuel prices this year and second in a row in the past 15 days. On March 1, petrol price rose by Rs.3.18 and diesel by Rs.3.09. Before that, petrol had become costlier by 82 paise and diesel by 61 paise in February. State-run fuel retailers revise petrol and diesel prices on 1st and 15th of every month on the basis of average imported cost and rupee-dollar exchange rate in the previous fortnight.
Petrol prices had been reduced by Rs.17.11 a litre between last August and this February .
The increase in other states will vary depending on local taxes. After the latest revision, petrol costs Rs.66.29 a litre in Delhi and diesel Rs.52.28 from Saturday . This is the fourth increase in fuel prices this year and second in a row in the past 15 days. On March 1, petrol price rose by Rs.3.18 and diesel by Rs.3.09. Before that, petrol had become costlier by 82 paise and diesel by 61 paise in February. State-run fuel retailers revise petrol and diesel prices on 1st and 15th of every month on the basis of average imported cost and rupee-dollar exchange rate in the previous fortnight.
Petrol prices had been reduced by Rs.17.11 a litre between last August and this February .
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