On Wednesday, the petrol price in Delhi crossed Rs 100 mark after a fresh hike of Rs 35 paise. In the national capital petrol is now being sold at Rs 100.21 whereas the cost of diesel is Rs 89. 53 per litre after the prices had been hiked by 17 paise by the oil companies. This has been the first time that the price of petrol has retailed above Rs 100 in Delhi.
The petrol has also observed the Rs 100 mark in Kolkata on Wednesday, where the per litre petrol cost is Rs 100.23 while per litre cost of diesel is Rs 92.50.
In Mumbai, the financial capital, has seen the petrol price peak to Rs 106.25 whereas the diesel costs Rs 97.09.
In Chennai, the price of petrol has reached up to Rs 101.06 per litre and for diesel has reached to Rs 94.06.
The prices of fuel continues to rise across India and also has crossed the Rs 100 ball park in 16 states and Union territories, however the rates may differ from state to state depending on the VAT (value added tax).
The states and UT’s undergoing the price hike are Karnataka, Jammu and Kashmir, Odisha, Ladakh, Bihar, Kerala, Tamil Nadu, Punjab, Sikkim, Delhi and West Bengal, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana.
On Tuesday, the oil marketing companies kept the retailed prices of petrol and diesel unchanged. The consistent increase in fuel prices by the companies were for the development in Global Oil Markets, as the prices of oils had been strong due to demand rise amidst slowing of the pandemic.