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BREAKING NEWS

Petrol price near 5-year high in Delhi

02 Apr 2018

New Delhi April 2 (IANS) The petrol price in Delhi touched a near-five year high of Rs 73.83 a litre on Monday while the price of diesel also touched a fresh record high in the national capital supported by the recent surge in global crude oil prices.



In Mumbai Kolkata Chennai prices of petrol reached multi-year highs of Rs 81.69 per litre Rs 76.54 and Rs 76.59 respectively the Indian Oil website showed.

The previous highs in Delhi Mumbai Kolkata and Chennai were Rs 74.10 per litre (September 2013) Rs 81.75 (July 2014) Rs 77.88 (May 2012) and Rs 77.53 (May 2012) respectively.

In Delhi diesel was priced at Rs 64.69 a litre on Monday.

In Mumbai Kolkata and Chennai diesel prices were Rs 68.89 Rs 67.38 and Rs 68.24 respectively.

The surge in diesel prices gains prominence as the fuel is used in transportation of food and agriculture products and a rise in its prices may lead to food inflation.

Global crude oil prices have been on the rise of late due to the ongoing trade tensions between the US and China and a fall in American drilling activity.

On Monday Brent crude oil was priced around $69.75 per barrel.

--IANS
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