Petrol and diesel prices were increased across major cities across India on Monday. After rate revision, petrol became costlier by 8-10 paise a litre while diesel prices were raised by 15-16 paise per litre.
In Delhi, petrol prices went up to ₹71.12 a litre as against ₹71.03 on Sunday while diesel price rose to ₹66.11 per litre as compared to ₹65.96 on Sunday, as per data from Indian Oil Corporation website.
On Sunday, state-run oil marketing companies kept the retail petrol and diesel prices stagnant across major cities of the country.
Price of petrol in Kolkata was increased by 8 paise to ₹73.19 from ₹73.11 recorded on Sunday. Diesel prices too have been hiked by 15 paise from yesterday’s ₹67.86 a litre. Similarly, in Chennai, petrol is at rupees 73.82, 10 paise higher than Sunday's rate of ₹73.72 per litre while diesel price is set at Rs 69.88, 16 paise more than yesterday's price of ₹69.72 a litre.
People in Mumbai will have to pay ₹76.73 for a litre of petrol after a 9 paise hike over Sunday’s rate. A litre of diesel now costs ₹69.27, 16 paise costlier.
In the international oil market, crude prices went up on Monday after Saudi Energy Minister Khalid al-Falih hinted at consensus among OPEC and allied oil producers to continue regulating supplies. International Brent crude futures were trading at USD 72.98 per barrel, up 77 cents, or 1.1 per cent, from their last close.