New Delhi: The price of gasoline and diesel soared to the highest record after the tariff was done again on Sunday by 35 Paise.
Interestingly, automatic fuels now cost third more than levels where ATF is sold to airlines.
The price of gasoline in Delhi rose to the highest level of Rs 105.84 per liter and Rs 111.77 per liter in Mumbai, in accordance with the notification of the price of state-owned fuel retailers.
In Mumbai, Diesel now comes to Rs 102.52 per liter; While in Delhi, the cost of Rs 94.57.
With this increase, gasoline is now on the 100-a-liter RS ​​sign or more in all countries while Diesel has touched 100-mark in more than a dozen countries.
Diesel crossed the 100-a-liter Rs sign in Bengaluru, Daman and Silvassa.
Gasoline used in two wheels and cars now costs 33 percent more than prices in which flight turbine fuel (ATF) is sold to airlines.
ATF is in the cost of Delhi Rs 79.020.16 per kiloliter or Rs 79 per liter.
The most expensive fuel is in the border city of Ganganagar in Rajasthan where gasoline comes to Rs 117.86 per liter and diesel for Rs 105.95.
Since the expiration of a three-week long hiatus in the revised tariff in the last week of September, this is the 16th increase in the price of gasoline and the 19th diesel level rises.
While the price of gasoline in most countries has been above the 100-a-liter mark, Diesel rates have crossed that level in more than a dozen state / ut including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujtisgarh, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka and Ladakh.
Prices are different from the state to the state depending on local tax events.
Dismite a simple price change policy, state-owned fuel retailers since October 6 began to pass the incidence of costs for consumers.
This was because Brent Crude’s international benchmark traded at USD 84.8 per barrel for the first time in seven years.
A month back, Brent traded at USD 73.51.
Become a net importer of oil, the price of Indian gasoline and diesel at a price equivalent to international prices.
The surge in international oil prices ended the three-week hiatus in the rate on September 28 for gasoline and September 24 for diesel.
Since then, Diesel tariffs have increased by Rs 5.95 per liter and gasoline prices increased by Rs 4.65.
Before that, gasoline prices increased by 11.44 per liter between May 4 and May 17.
The diesel level has risen by Rs 9.14 during this period.