Major concerns reinstate for Mumbaikars as petrol and diesel prices continue to rise for the 12th day in these two weeks.
Today, April 4, the fuel rates were hiked by 40 paise each, taking the total increase in rates in the last two weeks to INR 8.40 per litre.
With this, petrol has reached close to INR 119 while diesel is being sold more expensive than other cities at over INR 100 a litre in the city. Besides, Pune district in Maharashtra has also observed similar rates as Mumbai.
In Mumbai, the petrol will now cost INR 118.83 per litre while diesel will cost INR 103.07 per litre.
Meanwhile, the highest petrol prices were witnessed in Maharashtra’s Parbhani district at INR 120.54 per litre. Whereas Amravati remains to be at the top in the list of district selling diesel with the highest rate across Maharashtra at INR 104.37
The per-litre price for petrol in Pune stood at INR 117.88 and INR 100.61 for diesel.
The rates have been rising after a four-and-half-month long hiatus since March 22, which was soon after the five-state elections concluded. Moreover, it is pertinent to note that experts have linked this spike to the ongoing Russia-Ukraine war crisis that has raised crude oil prices to a seven-year high.
For those unversed, petrol and diesel prices change every day at 6 am. After adding excise duty, dealer commission, VAT and other things to the price of petrol and diesel, its price becomes almost double of the original price. This is the reason why the prices of petrol and diesel appear so high.
Share
Tweet
