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Third hike in a row. Check fuel rates in your city

It is three in a row. The saga of rising petrol and diesel costs proceed for the third straight day on Friday. Oil firms have as soon as once more hiked the costs of petrol and diesel by 35 paise per litre for every fuel. The rate of petrol and diesel, going seemingly uncontrolled, has as soon as once more hit an all-time excessive.

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Petrol value in Delhi as we speak has gone as much as 106.89 per litre. Diesel value as we speak has inched nearer to a few figures at 95.62 per litre in the nationwide capital. Petrol value in Mumbai has gone as much as 112.78 per litre, whereas diesel will price 103.63 per litre. Petrol value in Bengaluru as we speak has additionally gone as much as hit 110.61 per litre, whereas diesel value has reached 101.49 per litre. Petrol value in Kolkata is now at 107.44 per litre and diesel at 98.73 a litre. Petrol value in Chennai has gone as much as 103.92 for a litre, whereas diesel additionally nearer to 100 mark, priced at 99.92 per litre.

After petrol costs hit the three determine mark in each state since oil firms started revising costs from May this year, diesel value too has hit the 100 mark or extra in most elements of the nation. At this rate diesel is more likely to quickly comply with petrol and breach the three determine value throughout the nation.

Sri Ganganagar in Rajasthan nonetheless stays the most expensive place to purchase a litre of both fuel. Petrol value in Sri Ganganagar as we speak is at 119.05 a litre, whereas diesel is promoting for 109.88 per litre.

Since September this year, when oil firms resumed value revision after hole of about a month, the rate of petrol has gone up no less than 18 instances whereas diesel value has been hiked 21 instances. The key purpose behind the rise in fuel costs has been the fluctuation in world crude oil value. It has reached $85 per barrel from a little greater than $70 per barrel forward of the festive season.

According to sources, the Centre is making an attempt to succeed in an understanding with the oil exporting international locations to deliver down the rate of crude oil. If there’s an settlement, it might assist to maintain the costs down again house. India imports about 80 per cent of its oil wants from overseas which additionally makes it troublesome to manage value of petrol and diesel in case of a surge in world pricing.

 

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