In the second wave of coronavirus in the country, five state elections were held. Simultaneously, Gram Panchayat elections were held in Uttar Pradesh which is considered as a mini assembly.
Immediately after the election results, government companies have increased fuel prices.The hike in petrol and diesel prices comes after nearly two months. Earlier, on February 27, petrol price was hiked by 24 paise and diesel by 17 paise.
Today, the price of Petrol in Delhi stands at Rs 90.55 per litre, up 15 paise from yesterday, while Diesel prices were hiked by 18 paise to Rs 80.91 per litre. Fuel prices remain the highest in Mumbai at Rs 96.95 per litre for Petrol.
Mumbai’s petrol cost is the highest across major cities today at Rs 96.95 per litre, up 12 paise. Diesel in Mumbai costs Rs 87.98 per litre, a jump of 17 paise since yesterday.
Petrol and diesel prices had not gone up in the last 66 days, despite rise in crude oil prices due to the country's election season. However, during the same period, when crude oil prices fell, petrol and diesel prices were reduced four times.
As a result, petrol became cheaper by 77 paise. Last week saw a sharp rise in crude oil prices. This led to higher crude oil prices over the past six weeks. However, the strengthening of the dollar on the last day and the announcement by OPEC countries to increase crude oil production led to a decline in crude oil prices.
Petrol, diesel prices in other metro cities:
- Chennai: Petrol prices – Rs 92.55 per litre; Diesel prices – Rs 85.90 per litre
- Kolkata: Petrol prices – Rs 90.76 per litre; Diesel prices – Rs 83.78 per litre
- Pune: Petrol prices – Rs 96.60 per litre; Diesel prices – Rs 86.30 per litre
- Bengaluru: Petrol prices – Rs 93.60 per litre; Diesel prices – Rs 85.81 per litre
- Hyderabad: Petrol prices – Rs 94.16 per litre; Diesel prices – Rs 88.25 per litre
- Noida (UP): Petrol prices – 88.92 per litre; Diesel prices – Rs 81.39 per litre
- Mohali (Punjab): Petrol prices – Rs 92.83 per litre; Diesel prices – 83.83 per litre
- Chandigarh: Petrol prices 87.15 per litre; Diesel prices – Rs 80.62 per litre
- Gurugram (Haryana): Petrol prices – Rs 88.54 per litre; Diesel prices – Rs 81.51 per litre