New Delhi, Jan 4 (SocialNews.XYZ) The petrol and diesel prices continued to surge on Saturday as the price of petrol rose by 10-11 paise and that of diesel by 15-16 paise across all major cities.
According to the Indian Oil website, the petrol costs Rs 75.45 a litre in Delhi, Rs 81.04 per litre in Mumbai, Rs 78.04 a litre in Kolkata and Rs 78.39 a litre in Chennai after the revised rates were implemented on Saturday morning.
Similarly, diesel prices also saw an increase across all major cities.
Diesel now costs Rs 68.40 a litre in Delhi, Rs 71.72 a litre in Mumbai, Rs 70.76 per litre in Kolkata and Rs 72.28 a litre in Chennai after the increase on Saturday morning.
The oil prices jumped by $3 a barrel on Friday after a US airstrike killed a top Iranian general Qassem Soleimani, escalating major tension in the Middle East.
The retail prices of petrol and diesel are dependent on the global crude oil prices and the rupee-US dollar exchange rate as India imports 80 per cent of its crude requirements.
Domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis. Price revisions are implemented at the fuel stations with effect from 6 a.m.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
