Marathi | HIndi

Epaper
Follow us:
Home > Business > Petrol, diesel prices remain unchanged at record high levels
Petrol, diesel prices remain unchanged at record high levels English.Lokmat.com

Petrol, diesel prices remain unchanged at record high levels

New Delhi, Jan 24 Retail fuel prices were unchanged on Sunday across the four metros. On Saturday, petrol ...
Petrol, diesel prices remain unchanged at record high levels

New Delhi, Jan 24 Retail fuel prices were unchanged on Sunday across the four metros.

On Saturday, petrol and diesel touched fresh all-time high levels.

In the national capital, petrol was priced at Rs 85.70 per litre. In Mumbai, Chennai and Kolkata, petrol was sold at Rs 92.28, Rs 88.29 and Rs 87.11 per litre, respectively.

Although the pump prices of fuels were unchanged on Sunday, they have been elevated for long and have been touching new highs of late.

Global oil prices are above $55 per barrel currently. Crude prices have remained firm for the last couple of weeks in the wake of unilateral production cuts announced by Saudi Arabia and a pick up in the consumption in all major economies globally.

The last time the retail price of auto fuels were closer to current levels was on October 4, 2018 when crude prices had shot up to $80 a barrel.

The current price rise is largely on account of steep increase in central taxes of petrol and diesel and firm crude prices.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Petrol, diesel prices remain unchanged at record high levels
Intervention Impact: RBI expected to rein-in rising rupee (Currency Watch)
China's catering industry recovers in December 2020: Ministry
Commercial flight services resume in Sikkim after 19 months
Appointment of New Chairman at Apparel Made-Ups and Home Furnishing Sector Skill Council, New Delhi