New Delhi: Global cues encourage gasoline prices to increase again throughout the country on Saturday add further pressure on the consumer budget that stretches grappling with the increase in food prices.
However, unlike previous uniform price movements, oil marketing companies on Saturday increased the price of gas stations and keeping diesel interest rates unchanged offering assistance to the transportation sector.
Thus, while gasoline prices increase 30 Paise per liter to Rs 101.84 per liter in Delhi, diesel prices remain at Friday at Rs 89.87 per liter.
Also throughout the country, gasoline prices increase in the range of 30-40 Paise per liter, while diesel prices remain unchanged.
Before Saturday, oil marketing companies had maintained fuel prices unchanged on Friday but had influenced increasing gasoline and diesel on Thursday.
In the hope that the increase in global oil supply as OPEC approved a pointed production cut in line with increasing demand.
In the city of Mumbai, where gasoline prices passed the RS 100 sign for the first time on May 29, the fuel price reached a new height of Rs 107.85 per liter on Saturday.
Diesel prices in the city are also at RS 97.45, the highest among Metros.
Gasoline prices in all Metro have now crossed Rs 100 per liter Mark and OMC officials say that if international oil prices continue to set, interest rates may rise further.
With the increase in prices on Saturdays, the price of fuel has now increased in 41 days and remains unchanged at 37 days since 1.
May.
41 Increased has taken gasoline prices by Rs 11.44 per liter in Delhi.
Similarly, diesel increased by Rs 9.14 per liter in the national capital.
Consumers can now expect further increases in fuel prices checked only after OMC began cutting the retail price of gasoline and diesel for the next few days to provide assistance.
With crude oil remains low at $ 73 per barrel, lower fuel prices are likely.