Categories: BusinessUncategorized

Gasoline, Diesel Prices Rally to the Highest Level

New Delhi: The price of gasoline and diesel on Friday gathered to their highest levels throughout the country, because fuel rates were carried out again by 35 Paise per liter.
The price of gasoline in Delhi rose to the highest level of Rs 105.14 per liter and Rs 111.09 per liter in Mumbai, in accordance with the notification of the price of state-owned fuel retailers.
In Mumbai, Diesel now comes to Rs 101.78 per liter; While in Delhi, it costs Rs 93.87.
This is the second day in a row of 35 Paise per liter increase in gasoline and diesel prices.
There were no changes on October 12 and October 13.
Since the end of a three-week hiatus in the revised tariff in the last week of September, this is the 14th increase in gasoline prices and 17 that the diesel level has been lost upwards.
While the price of gasoline in most countries has been above the 100-a-liter mark, the diesel level has crossed that level in a dozen states, including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Maharashtra, Chhattisgarh, Bihar, Kerala, Karnataka and Leh.
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 $ 84.61 per barrel for the first time in seven years.
A month back, Brent traded at $ 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 interest rates have increased by RS 5.25 per liter and gasoline prices increased by Rs 4.25.
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.

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