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Fuel prices rise again after three days of no change

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By IANS Updated: Sep 30, 2019 10:08 pm
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New Delhi, Sep. 30 (IANS): Petrol and diesel prices are up again – petrol by 7-8 paise and diesel by 9-10 paise, according to data from Indian Oil Corporation. Petrol is selling at INR 74.42 a litre, while diesel price rose to INR 67.33 a litre in Delhi on Monday even as international crude oil prices stabilised after the drone attack on Saudi oil facilities earlier this month.

Petrol prices rose to INR 77.10 a litre in Kolkata, INR 80.08 a litre in Mumbai and INR 77.36 a litre in Chennai.

Diesel prices rose to INR 69.75 a litre in Kolkata, INR 70.64 a litre in Mumbai and INR 71.19 a litre in Chennai.

Petrol price has gone up by INR 2.25 a litre while that of diesel by INR 1.75 a litre since September 17 after the drone attacks on Saudi oil facilities on September 13.

The fuel prices are revised on a daily basis in India. When international crude oil prices rise, prices in India also go up. Other factors like rupee to US dollar exchange rate, cost of crude oil, global cues and demand also impact the price of fuel.

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By IANS Updated: Sep 30, 2019 10:08:51 pm