NEW DELHI: Petrol and gas prices on Tuesday climbed new highs throughout the nation after they had been increased to the 17th time per month.
Petrol cost was raised by 26 paise a litre and diesel by 23 paise a litre, according to a cost notification of state-owned gas retailers.
In Delhi, gas struck an all-time high Rs 94.
49 a litre, while diesel is priced at Rs 85.
38 each litre.
Fuel prices vary from state to state based upon the prevalence of local taxation like VAT and freight costs.
Rajasthan levies the greatest value-added taxation (VAT) on gasoline in the nation, followed by Madhya Pradesh and Maharashtra.
The purchase price of gas, that had crossed the Rs 100-mark in a number of towns in Rajasthan, Madhya Pradesh and Maharashtra, violated the psychological barrier in Mumbai on Saturday.
Tuesday’s cost increase was the moment since then.
Petrol now costs Rs 100.
72 a litre at Mumbai and petrol comes for Rs 92.
69 each litre.
The gain on Tuesday is that the 17th growth in costs since May 4, even when petroleum oil companies finished an 18-day hiatus in speed revision they detected through assembly elections in countries including West Bengal.
In 17 rises, gas price has increased by Rs 4.
09 a litre and diesel by Rs 4.
65 per year litre.
Oil businesses revise rates of gas and gas daily depending on the normal cost of grade gas at the worldwide marketplace in the previous 15-days, and international exchange prices.
Brent crude oil – the most commonly used global grade – has increased 36 percent annually to over USD 70 per barrel.
It has prompted a rise in retail gas rates.
Fees are in the greatest in the nation at Sri Ganganagar district of Rajasthan where gas includes Rs 105.
52 a litre and petrol for Rs 98.
32 each litre.