State-owned oil marketing companies hiked petrol prices in Delhi by 25 paise to 86.30 per litre from Rs 86.05 per litre while diesel prices too were hiked by 25 paise to Rs 76.48 per litre from Rs 76.23 per litre. In Mumbai, diesel prices were hiked to Rs 92.86 per litre, thus witnessing new record high and petrol prices stood at Rs 83.30 per litre
Synopsis
Petrol and diesel prices were raised by 25 paise per litre each across the country on Wednesday, according to a price notification from oil marketing companies.
NEW DELHI: Branded or premium petrol price crossed Rs 100-mark in Sriganganagar town of Rajasthan as petrol and diesel prices were hiked on Wednesday for the second consecutive day. Petrol and diesel prices were raised by 25 paise per litre each across the country on Wednesday, according to a price notification from oil marketing companies. This took petrol price in Delhi to Rs 86.30 per litre and to Rs 92.86 in Mumbai. Diesel rate climbed to Rs 76.23 a litre in the national capital and to Rs 83.03 per litre in Mumbai, the price data showed.
U.S. West Texas Intermediate (WTI) crude futures rose 10 cents, or 0.2%, to $52.71 a barrel at 0229 GMT, reversing some of Tuesday`s loss. Brent crude futures climbed 11 cents, or 0.2%, to $56.02 a barrel, adding to a small gain on Tuesday. Here is looking at the price difference of diesel and petrol in four metro cities on January 27, 2021.
Petrol and diesel prices have touched fresh all-time highs after a fresh 35 paise hike on Tuesday. The fresh rise in fuel prices comes after a gap of two days. On Saturday, prices of both essential fuels were hiked by 25 paise.