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Hike in petrol, diesel prices continues for 11th straight day

  •   Thu, May 24 2018 03:52:11 PM

New Delhi, May 24 (Agencies): Hike in Petrol and diesel prices across the country continued for the eleventh consecutive day on Thursday.

Petrol price touched a record high of Rs 77.47 per litre and diesel climbed to its highest ever level of Rs 68.53 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.

Petrol price on Thursday increased by 30 paisa a litre in India's capital city Delhi -- the highest since the daily price revision came into force in mid-June 2017.

Rates vary from state to state depending on the incidence of local sales tax or VAT. Prices in Delhi are the cheapest in all metros and most state capitals.

With this increase, petrol has touched an all time-high, breaching the previous high of Rs 76.06 touched in Delhi on September 14, 2013. Diesel rates are also at the all-time high level

This is the seventh straight day of price increase since oil PSUs on May 14 resumed daily price revision after a 19-day pre-Karnataka poll hiatus.

In India, petrol is the costliest in Mumbai where high local taxes has led a price of Rs 85.29 per litre, Rs 80.42 in Chennai and Rs 80.12 per litre in Kolkata. Price of every litre of non-branded diesel has also peaked at Rs 72.96 in Mumbai, Rs 72.35 in Chennai and Rs 71.08 in Kolkata.
  

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Comment on this article

  • Ahmed K. C., Mangalore

    Thu, May 24 2018

    They will raise the price by 20 Rupees and then reduce price by 5 Rupees.
    stage will be set for a bhashan:-
    diesel ka daam kum hua ki nahi ?
    petrol ka daam kum Hua no nahi ?
    asp ke jeb me kuch paise bach ne lage ki nahi?
    Bhakhts:- Modi Modi Modi

    DisAgree Agree Reply Report Abuse

  • Arthur Ronald Dsouza, BELMAN/ABU DHABI

    Thu, May 24 2018

    They needed lot of money to fight election next year so the daily collection started.

    DisAgree Agree [4] Reply Report Abuse

  • shaan rameez, k c road

    Thu, May 24 2018

    wt the hell is going again again hike petrol and diesel.. baratiya janata party not this is baratiya looting party worst goverment worst pm.

    DisAgree Agree [7] Reply Report Abuse

  • Truth teller, Karnataka

    Thu, May 24 2018

    This forum doesnt allow videos to be posted! Else I would have posted videos of Modiji, Sushmaji, Arun Jaitleyji, Smritiji, Javedkarji about what they talked when UPA raised fuel prices once in 3 months or longer when it was warranted by international rise in prices!!!. Today fuel prices have no connection with international prices!. Looks people are looting the country!!!. UPA did so many developmental works keeping everything low for common man but these people are just looting the common man!!!bakhts as usual will chant Modi modi modi.....

    DisAgree Agree [6] Reply Report Abuse

  • geoffrey, hat hill

    Thu, May 24 2018

    It's been a honeymoon time for Feku all these 4 years with oil prices at record low. But nothing was passed on to common man, just kept on filling the coffers of oil companies with huge refining margins. Government can always ask state owned companies to reduce the refining margin, but in doing so, THE private refiner also will have to follow the suit and that will be totally unacceptable to the gujju mafia. Our only hope is increase in production of US shale oil.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Allan Dcosta, Kinnigoli / AbuDhabi

    Thu, May 24 2018

    It is OK, No problem, our Bhakhts are ready to pay more to sacrifice for the nation....

    DisAgree Agree [19] Reply Report Abuse

  • D.Shetty, Mangalore

    Thu, May 24 2018

    yes, no problem Bakth will pay and will vote for modiji again ..but salves didn't dare even to speak or comment on whatsapp when GGC states raised fuel price recently ..

    DisAgree [22] Agree [1] Reply Report Abuse

  • Shiva, Kudla

    Thu, May 24 2018

    Shetre

    GCC never promised about your acche din
    Mehengahi
    Corruption
    U turn govt
    Kacche din
    Monkey bath

    DisAgree Agree [14] Reply Report Abuse

  • Raviraj Shetty, Mangalore/UAE

    Thu, May 24 2018

    Shetty, i don't think people of India are that dumb, for sure you and amitabh and akshay are dumb and deaf.

    DisAgree Agree [6] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Thu, May 24 2018

    Vote for BJP & Yogi
    They are talking in terms progress under Modi government.
    Time being simply pray when petrol price touches Rs. 100 per liter, ask Mosi to return the votes. The country is reeling under recession and the leader enjoy in imported cars and luxurious life with black money.

    DisAgree Agree [13] Reply Report Abuse

  • jack, Mangalore

    Thu, May 24 2018

    Thats fine.. Modi Modi Modi..!!!

    He is now stashing up the money for our future genreation . why do you question?.?
    Dont you want your kids to be happy with cows -Hypocrites

    Bhakths Super Brain Logic.

    DisAgree Agree [18] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Thu, May 24 2018

    WHERE IS MAHILA MORCHA OF MANGALORE,

    WHERE IS SUSHMA SWARAJ AND A-RUN JHOOTLY MADE BHARATH BUNDH WHILE UPA WAS RULING.

    ARE BOTH OF THEM IN I.C.U. LIKE THE FINANCE MINISTRY AND THE BANKS ARE IN I.C.U.

    CHAAI, CHAAI....

    DisAgree Agree [18] Reply Report Abuse

  • Mohandas, Shirva

    Thu, May 24 2018

    Modi Modi Modi Modi

    DisAgree Agree [13] Reply Report Abuse

  • Vineet M, Mangalore

    Thu, May 24 2018

    Yet another hike in Petrol Prices. UPA seems 2 ignore public outcry over price rise. Arrogance of power, unsympathetic 2 d needs of d poor.

    DisAgree [1] Agree [9] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, May 24 2018

    Acche Din ...

    DisAgree [3] Agree [17] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Thu, May 24 2018

    Why the effected people are keeping quiet without any demonstration and agitations

    DisAgree [2] Agree [11] Reply Report Abuse

  • Gangaram, Moodbidri

    Thu, May 24 2018

    Chaddi gang has to use now muthra for their vehicles......

    shame shame shame to Modi govt ....................jumlas of the century showing the results now......

    DisAgree [3] Agree [27] Reply Report Abuse


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