Retail fuel prices climbed again for the ninth consecutive day reaching new highs on February 17 in cities across the country.
The petrol and diesel prices were increased by 25 paise per litre, according to a price notification of state-owned fuel retailers. As a result, the hike took the petrol price in Delhi stood at ₹89.54 per litre. Subsequently, the diesel rate climbed to ₹79.95 a litre in the city.
In Mumbai, the prices rose to Rs 96 per litre and Rs 86.98 per litre for petrol and diesel respectively.
Meanwhile, automobile owners in Chennai shell out Rs 91.68 per litre and Rs 85.01 per litre of petrol and diesel. The prices in Kolkata reach Rs 90.78 per litre for petrol and Rs 83.54 per litre for diesel.
Amid conflict over rising fuel prices, Meghalaya Chief Minister Conrad Sangma said that the state will cut down the fuel prices by approximately Rs. 7 per litre.
“Both prices of petrol and diesel will be reduced by approximately ₹7. It is being done primarily to ensure that the consumers are not affected by the high prices in order to give some relief to them,” said the Chief Minister while speaking to media persons.
A report by Mint said the rise in crude prices will also put upward pressure on petrol and diesel prices across the country, which are already at all-time highs due to the recent rally in international crude prices as well as high central and state levies.
The relentless hike in fuel prices has been criticised by the Opposition, including the Congress party, that has demanded an immediate cut in taxes to ease the burden on the common man.
The price of liquefied petroleum gas domestic cylinder has also increased by ₹50 per unit this week in Delhi. The new price of ₹769 per 14.2 kilograms LPG cylinder was applicable in the national capital from Monday.
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