OIL & GAS

Petrol, Diesel Rates Hiked On Friday; Petrol Near Rs 101 In Mumbai.

Petrol and diesel prices were hiked again across the four metros on Friday, June 4, 2021. The prices have been increased 18 times since May 4. In the national capital, petrol prices were increased by 27 paise from Rs 94.49 per litre to ₹ 94.76 per litre and diesel prices were hiked by 28 points from ₹ 85.38 per litre to ₹ 85.66 per litre, according to Indian Oil Corporation.

State-run oil refiners had hiked petrol and diesel prices on May 4, ending an 18-day hiatus in rate revision observed during the assembly elections held in states such as Tamil Nadu and West Bengal among others.

Petrol had crossed the ₹ 100 mark in Mumbai on May 29 and currently stand at ₹ 100.98 per litre in the financial capital. Diesel is retailed at ₹ 92.99 per litre in Mumbai. Moreover, the petrol rates had already crossed the ₹ 100-mark in several cities of Madhya Pradesh and Rajasthan. Fuel rates vary across the states in the country due to value-added tax or VAT.

Below are the latest petrol and diesel prices across four metro cities:

City Petrol Diesel
Delhi 94.76 85.66
Mumbai 100.98 92.99
Chennai 96.23 90.38
Kolkata 94.76 88.51
Source: Indian Oil
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