Petrol, diesel price today: Fuel rates hiked again| Check rates here
New Delhi, June 14: Petrol and diesel prices were hiked on Monday. Petrol price in Delhi at Rs 96.4 per litre while diesel was steady at Rs 87.28 per litre.
In Bhopal, petrol rates were at Rs 104.59 per litre & diesel at Rs 95.91 per litre.
In Ladakh petrol at Rs 101.95/litre & diesel at Rs 93.90/litre.
Meanwhile, petrol rates in Mumbai were at Rs 102.58 per litre and the price of diesel was Rs 94.70 per litre.
Hyderabad on Monday became the second metro city in the country to see petrol price crossing Rs 100 per litre mark after fuel prices were raised yet again. Petrol price was hiked by 29 paise per litre and diesel by 30 paise, according to a price notification of state-owned fuel retailers.
Auto fuel has been retailing at a record high in the financial capital since May 29 when the petrol rate crossed the Rs 100 mark.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. And because of this, petrol retails at over Rs 100 per litre mark in seven states and union territories -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka and Ladakh.
While several districts of Telangana saw petrol hitting Rs 100 mark earlier this month, state capital Hyderabad reached the mark on Monday. Petrol in the city is now priced at Rs 100.20 per litre and diesel at Rs 95.14.
Hyderabad is the second metro city to see Rs 100 per litre petrol price. Mumbai on May 29 became the first metro in the country where petrol was being sold at over Rs 100 a litre. Petrol now costs Rs 102.58 a litre in the city and diesel comes for Rs 94.70.
Sri Ganganagar district of Rajasthan near the India-Pakistan border was the first place in the country to see petrol hitting Rs 100 a litre mark in mid-February and on Saturday it also earned the distinction of diesel crossing that psychological mark.
Petrol in the city is sold at Rs 107.53 a litre - the highest rate in the country, and diesel comes for Rs 100.37. Premium or additive laced petrol in the town sells for Rs 110.81 a litre and same grade diesel at Rs 104.03.
Rajasthan levies the highest VAT on petrol and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.
The hike on Monday was the 24th increase in prices since May 4, when state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal. In 24 increases, petrol price has risen by Rs 6.01 per litre and diesel by Rs 6.55 a litre.
Oil companies revise rates of petrol and diesel daily based on the average price of benchmark fuel in the international market in the preceding 15 days, and foreign exchange rates. International oil prices have firmed in recent weeks in anticipation of demand recovery following the rollout of vaccination programme by various countries.