- Tag results for Fuel price hike
In Delhi, approximately 9.38 crore litres of diesel and 10.62 crore litres of petrol is consumed within a month.
In Delhi, petrol is being sold at Rs 82.83 per litre after an increase of 11 paise, while diesel rates have escalated to Rs 75.69 per litre after a hike of 23 paise.
Fuel prices have been witnessing a steep rise since the past few months.
On October 4, the union government had announced a cut of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.
In New Delhi, petrol was priced at Rs 81.82 per litre, up from Rs 81.68 on Saturday, data on the IndianOil Corporation website showed.
Pointing to the fact that during Karnataka elections the fuel prices had remained unchanged for 17 days, Khera wondered if the prices were truly deregulated.
As per the data, the fuel was priced at Rs 87.15 in Mumbai, Rs 83.52 in Kolkata and Rs 84.89 per litre in Chennai.
Finance Minister Arun Jaitley announced a Rs 2.50-per-litre cut in petrol and diesel prices by reducing excise duty and asking PSU oil firms to take a hit of Rs 9,000 crore.
The oil companies would not be required to hedge their exposure.
The two ministers met last evening amid concerns of high fuel prices adding to farmers' distress, particularly in the upcoming Rabi crops season, sources said.
The farmers, riding tractors and trolleys, broke barricades of the UP Police and then started proceeding towards the barricades put up by the Delhi Police, a senior police officer said.
Petrol prices were hiked by 24 paise per litre and diesel by 30 paise, according to price notification of state-owned oil firms.
The petrol price was hiked by 0.09 paisa in Delhi, Kolkata and Mumbai and by 0.10 paisa in Chennai.
Petrol prices in the other key cities of Delhi, Kolkata and Chennai were at Rs 83.40, Rs 85.21 and Rs 86.70 per litre, respectively, all at new record levels.
The recent surge in transportation fuel prices comes amidst rising global crude oil prices.