Petrol almost touches the Rs 100 mark in Delhi after Monday hike in fuel prices

Petrol and diesel prices are on an ascent across the country since the assembly polls concluded at the beginning of May 2021. Monday witnessed the third hike in fuel prices during the month of July.

The prices of petrol and diesel were increased again on Monday in the major cities of India, with the per litre petrol price now almost touching the Rs 100 mark in the national capital, Delhi. On the first working day of the week, the price of petrol was increased by 35 paise while the rate of diesel was kept constant by the oil companies in Delhi. The prices of the two petroleum-based fuels have been on the rise since May.

After taking into account the latest price hike, the price of petrol in Delhi stood at Rs 99.86 per litre(up from  Rs 99.51 a day back) while diesel was being sold for Rs 89.36 per litre.

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Meanwhile, Mumbai continued to be the metro city with the highest prices of both petrol and diesel. On Monday, petrol price jumped by 34 paise to reach Rs 105.92 per litre while diesel retailed at Rs 96.91/litre in the financial capital.

In Kolkata, petrol was being sold for Rs 99.84 per litre while a litre of diesel cost Rs 92.27 on Monday. In the southern city of Chennai, the prices of petrol and diesel stood at Rs 100.75 and Rs 93.91 per litre, according to data released by Indian Oil.

Petrol and diesel prices are on an ascent across the country since the assembly polls concluded at the beginning of May 2021. Monday witnessed the third hike in fuel prices during the month of July. The prices of petrol and diesel vary across different parts of the country due to different tax rates applied by various state governments on the two petroleum-based fuels. Rajasthan charges the highest VAT(value-added tax) followed by Madhya Pradesh and Maharashtra.