New Delhi: The price of gasoline and diesel throughout the country jumped to a high level of all time on Thursday because the price was discounted again in line with Spurt in international oil prices.
Gasoline prices increase 30 Paise per liter and diesel by 35 Paise per liter, according to the notification of the price of state-owned fuel retailers.
The price of gasoline in Delhi rose to the highest level of Rs 103.24 per liter and Rs 109.25 per liter in Mumbai, notification shows.
Diesel rates also touched the highest record of Rs 91.42 in Delhi and edged closer to the RS 100-a-liter in Mumbai.
Currently there is a fee of Rs 99.55 per liter in Mumbai.
Prices are different from the state to the state depending on local tax events.
The increase on Thursday pushed rates to a new record.
Gasoline crosses the 100-a-liter Rs sign in Lucknow and Gandhinagar – the last of a handful of Capital Countries that have less prices.
Gasoline prices, determined by local tax events and delivery, have crossed the RS 100 sign in several places in Uttar Pradesh and Gujarat.
The only state capital in which gasoline is now less than RS 100 is Dehradun, Chandigarh, Guwahati and Ranchi.
Diesel is above the RS 100 sign in several cities in Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh and Telangana.
Sri Ganganagar, the border city in Rajasthan, has the most expensive fuel in this country with gasoline for Rs 115.14 per liter and diesel comes to Rs 105.64.
UT from Daman has the cheapest gasoline with Rs 98.26 per liter.
State-owned fuel retailers have in the past few days used for simple increases to harmonize domestic rates at a cost.
But with international brent raw benchmark jumped to $ 81 a barrel after the decision by OPEC + not to increase output more than 0.4 million barrels per day, the fuel rate increased with a greater proportion.
The back month of Brent is around $ 72 per barrel.
Become a net oil importer, India prices of gasoline and diesel at a price equivalent to international prices.
With international crude oil prices moved in both directions during July and August, there was no price increase made by Oil Marketing Company (OMC) from July 18 to September 23.
Instead, gasoline prices are cut by Rs 0.65 per liter and diesel by Rs 1.25.
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However, without pausing from soaring international prices, OMC has begun to increase the retail price of gasoline and diesel with the effects of September 28 and September 24.
Since then, Diesel rates have increased by Rs 3.15 Paise per liter and gasoline prices increased by Rs 2.15.
Before the cutting price of July / August, gasoline prices increased by Rs 11.44 per liter between May 4 and May 17.
The diesel level has risen by Rs 9.14 during this period.