Diesel and petrol prices rise by around 50 paise per litre

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In Delhi, the petrol price rose to a record ₹79.99 a litre, while diesel price has been increased to ₹72.07 a litre, according to the daily price notification issued by OMCs.

In Chennai, petrol cost Rs 82.62 on Thursday as compared to Rs 82.41 on Wednesday. Meanwhile, people in Mumbai are purchasing petrol at Rs 87.39 per litre and while diesel is being sold at Rs 76.51 per litre. Prices of petrol and diesel which were continuously hiked for the last ten days till September 4, remained unchanged on Wednesday, September 5.

Petrol and diesel prices in the country touched their highest levels on Friday mainly due to dramatic fall in rupee and a sharp rise in crude oil rates. Similarly, petrol is being sold for Rs 82.60 per litre in Chennai and the diesel retail price is Rs 75.61 per litre.

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The Congress has made a decision to call a nationwide bandh on Monday, September 10 over the issue of rising fuel prices. On September 5, Finance Minister Arun Jaitley, too, said that the global oil prices remained volatile and have not shown any linear movement and hence, the government remains non-committal on cutting excise duty, reported the daily.

The consistent hike in fuel prices has led the opposition parties to blame the Modi government for mismanagement. Motor fuels were way costlier in Mumbai and other cities in states with heavier local tax rates. Petrol at Rs 79.99 per litre has nearly touched 80-mark in Delhi. Also, crude oil prices have gained $7 a barrel in a fortnight.

Diesel prices have gone up by almost Rs 4 per litre in over a month across all metro cities.

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