Breaking the five-day streak of hikes, gasoline and diesel prices remained unchanged on Monday. The petroleum marketing companies (OMC) on Sunday revised upwards the prices of gasoline and diesel by 35 paise a liter.
According to the WTO price notification, the retail price of gasoline in Delhi is Rs 107.59 per liter, while a liter of diesel is Rs 96.32.
In Mumbai, gasoline prices have remained unchanged at Rs 113.46 per liter, while a liter of diesel is at Rs 104 per liter.
In Bhopal, gasoline today sells for Rs 116.26 per liter and a liter of diesel can be purchased at Rs 105.64.
Likewise in Chennai, gasoline is Rs 104.52 per liter and diesel costs Rs 100.59 per liter. The retail price of gasoline in Bengaluru is Rs 111.38 per liter and that of diesel is Rs 102.23 per liter.
In Kolkata, the price of gasoline remained unchanged at Rs 108.11 per liter. Diesel in this eastern town sells for Rs 99.43 per liter.
MOCs revise fuel prices on the basis of the average benchmark fuel price on the world market over the past 15 days and exchange rates.
In international markets, oil prices soared on Monday, extending pre-weekend gains to multi-year highs as global supply remained tight amid demand for solid fuels in the United States and elsewhere in the world.
US West Texas Intermediate (WTI) crude futures rose 87 cents, or 1.0% to $ 84.63 a barrel at 0342 GMT, after gaining 1.5% on Friday. According to a Reuters report, it hit its highest level since October 2014 – $ 84.76 – earlier in the session.
Brent crude futures were up 71 cents, or 0.8%, to $ 86.24 a barrel, following last Friday’s 1.1% gain. The contract hit its highest level since October 2018, at $ 86.43, according to the report.
Congress announced on Saturday that it would launch a nationwide protest against rising gasoline and diesel prices in the coming month.
Fuel prices in different cities:
Gasoline – Rs 113.46 per liter
Diesel – Rs 104.00 per liter
Gasoline – Rs 107.59 per liter
Diesel – Rs 96.32 per liter
Gasoline – Rs 104.52 per liter
Diesel – Rs 100.59 per liter
Gasoline – Rs 108.11 per liter
Diesel – Rs 99.43 per liter
Gasoline – Rs 116.26 per liter
Diesel – Rs 105.64 per liter
Gasoline – Rs 111.91 per liter
Diesel – Rs 105.08 per liter
Gasoline – Rs 111.38 per liter
Diesel – Rs 102.23 per liter
Gasoline – Rs 103.59 per liter
Diesel – Rs 96.13 per liter
Gasoline – Rs 104.54 per liter
Diesel – Rs 96.78 per liter
Gasoline – Rs 104.46 per liter
Diesel – Rs 104.03 per liter
Gasoline – Rs 109.84 per liter
Diesel – Rs 103.51 per liter
(Edited by : Bivekananda Biswas)
First publication: STI