Petrol, Diesel Prices Touch A Record High Level


New Delhi: Amidst the high-pitch political drama in Karnataka, the petrol and diesel prices were increased by 26-33 paise per litre across Delhi, Kolkata, Mumbai, Hyderabad and Chennai on Sunday.

The petrol price touched a record high of Rs76.24 per litre, diesel climbed to its highest ever level of Rs 67.57. Even as petrol and diesel prices are at record highs, a brokerage today warned of a further hike of up to Rs. 4.6 per litre in the prices of auto fuels.

Petrol and diesel prices were on Thursday hiked by 22-24 paise per litre across Delhi, Kolkata, Mumbai and Chennai. No sooner had Karnataka polled to elect a new state government, state-owned Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) on Monday ended a 19-day hiatus in revising petrol and diesel prices and reverted to the practices of changing rates on a daily basis.

Petrol price on Sunday increased by 33 paise a litre in Delhi and diesel by 26 paise, according to price notification issued by state-owned oil firms.

Petrol has breached Rs 80 mark in Bhopal (Rs 81.83 a litre), Patna (Rs81.73), Hyderabad (Rs 80.76) and Srinagar (Rs80.35), according to the price notification.

Petrol in Kolkata costs Rs 78.91 per litre while it is priced at Rs 79.13 in Chennai. The cheapest petrol is available in Panjim where a litre comes for Rs 70.26.