Advertisement
Thursday, Dec 02, 2021
Outlook.com
Outlook.com

Petrol, Diesel Prices Hiked Again After Two Days Of Breather

Monday and Tuesday did not see any change in prices of petrol and diesel. Prior to this, the prices of both the fuel rose by 35 paise each for four consecutive days.

Petrol, Diesel Prices Hiked Again After Two Days Of Breather
Petrol, Diesel Prices Hiked Again After Two Days Of Breather
outlookindia.com
2021-10-20T15:14:28+05:30

Petrol and diesel prices increased by 35 paise per litre on Wednesday after two days of no activity. At the time of publish, petrol prices in Delhi peaked at a record high of Rs 106.19 for every lite and Rs 112.11 per litre in Mumbai. 

Diesel was now available in Mumbai at Rs 102.89 per litre and Rs 94.92 for every litre in Delhi.

Monday and Tuesday did not see any change in prices of petrol and diesel. Prior to this, the prices of both the fuel rose by 35 paise each for four consecutive days. 

Petrol has breached the Rs 100 mark in almost all state capital whereas diesel has touched the level in about twelve states. Prices differ from state to state owing to varied incidence of local taxes. 

Brent Crude is trading at $84.42 per barrel for the first time in seven years on Wednesday. 

India depends on oil imports to meet about 85 per cent of its domestic oil needs. Therefore, the international prices of crude oil have a significant bearing on the economy. 

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

UN Seeks Release Of Kashmiri Activist Khurram Parvez, Amendment In UAPA

UN Seeks Release Of Kashmiri Activist Khurram Parvez, Amendment In UAPA

The UN has sought probe into civilian killings in Jammu and Kashmir’s Hyderpora and called on the security forces and armed groups to exercise restraint.

Omicron Cases Spike: 21 Countries That Recorded New Covid-19 Variant

Omicron Cases Spike: 21 Countries That Recorded New Covid-19 Variant

South Africa, the first nation where the virus variant was detected, has reported 77 cases of Omicron so far, prompting travel bans across the world.

Man United, IPL Big Boys, Sydney Sixers Enter UAE T20 League

Man United, IPL Big Boys, Sydney Sixers Enter UAE T20 League

Lancer Capital has made its first-ever historic foray into cricket by acquiring a franchise in the UAE T20 league. The ECB has already roped in IPL teams like MI, DC and KRR.

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

As Parag Agrawal becomes the CEO of Twitter, the Indian diaspora's representation in the tech giants of America, especially the companies in Silicon Valley gets a new badge.

Advertisement