Petrol price hiked by 35 paise, nears Rs 100 per litre in Delhi

TIL Desk/Business/New Delhi/ Fuel prices continued an upward march on Sunday and the petrol was priced at Rs 99.51 per litre in the national capital. In Delhi, the price of the fuel increased by 35 paise. Oil marketing companies raised fuel prices on Sunday after keeping them unchanged for a day.

The price of diesel in Delhi also increased to Rs 89.36 from the Saturday price of Rs 89.18 per litre. In the other key cities too petrol prices continued to climb to new highs. In Mumbai, it was priced at Rs 105.58 per litre, while in Chennai also it has surpassed the Rs 100-mark and is currently at Rs 100.44 a litre.

Price of petrol in Kolkata is also inching closer to the three-figure mark and on Sunday it was sold for Rs 99.45 a litre. In tandem with petrol prices, diesel prices also were raised on Sunday. Price of diesel in Mumbai, Chennai and Kolkata was Rs 96.91, Rs 93.91 and Rs 92.27 per litre, respectively.

Officials in oil companies attribute the consistent increase in fuel prices to development in the global oil markets where both product and crude price have been firming up for the past couple of months on demand rise amidst the slowing of pandemic.