Petrol Rates Raised Again. See Rates

Gasoline prices today: Fuel rates were raised for the fifth time in six days across the metro

Petrol, Diesel Prices Today: Fuel prices were raised again on Sunday, March 27, 2022 across metro cities for the fifth time in the last six days. The rate of petrol was increased by 50 paise per liter and diesel by 55 paise per liter.

After today’s hike, petrol in the capital is now priced at Rs 99.11 per liter, almost approaching the Rs 100 mark. Diesel is now at Rs 90.42 per liter.

In less than a week since the price hike took effect on March 22, the price of petrol has gone up by Rs 3.70 per liter and diesel by Rs 3.75.

In Mumbai, petrol is currently priced at Rs 113.88 per liter, while diesel is sold at Rs 98.13 per liter. Among the four metros, fuel rates are the highest in Mumbai.

Prior to the daily hike that began six days ago, fuel prices had been frozen since November 4, 2021 for a record 137 days. During this period, assembly elections were held in politically important states namely Uttar Pradesh, Punjab, Uttarakhand, Goa and even Manipur.

Also during this period, the price of crude oil increased by $ 30 per barrel, yet the price remained unchanged in the country.

Fuel prices were raised on March 22, more than 10 days after the results of the council election were announced on March 10.

Congress and other opposition parties have criticized the government for rising fuel prices, saying it has added to the burden on ordinary people, who are already swaying under high food and general merchandise prices.

(Also Read: How To Check The Latest Petrol And Diesel Rates In Your City).

Here are the prices of petrol and diesel in all metro cities:

Government -operated oil refiners such as Indian Oil, Bharat Petroleum and Hindustan Petroleum review fuel rates on a daily basis, taking into account the price of crude oil in the international market, and the rupee dollar exchange rate. Any changes in petrol and diesel prices are implemented with effect from 6 am every day.

India is 85 per cent dependent on imports to meet its oil needs and, domestic petrol and diesel prices are linked to international rates.


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