Fuel hike: Diesel price increased by 9 paise in Mumbai, petrol unchanged

WION Web Team Delhi, India Oct 15, 2018, 07.55 AM(IST)

File photo Photograph:( ANI )

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In Mumbai, diesel touched Rs 79. 11 per litre mark, while the same is being retailed at Rs 79.80 per litre in Chennai.

Fuel prices continued to soar across the country on Monday, with diesel prices surging by 8 paise and 9 paise in four metropolitan cities.

While Delhi and Kolkata saw a hike of 8 paise, a litre of diesel has increased by 9 paise in Mumbai and Chennai.

After the revision of the rates, diesel in Delhi is being retailed at Rs 75.46 per litre and Rs 77. 31 per litre in Kolkata.

In Mumbai, diesel touched Rs 79. 11 per litre mark, while the same is being retailed at Rs 79.80 per litre in Chennai.

Meanwhile, Petrol remained stagnant and is being sold at 82.74 per litre in Delhi, while in Mumbai it is priced at 88.18 per lire.

Fuel prices have been witnessing a steep rise since the past few months. While the Opposition has repeatedly blamed the union government for not doing enough to keep a check on prices, the latter has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products.

Today, Prime Minister Narendra Modi is will hold a third annual meeting with chief executives of top global and Indian oil and gas companies to deliberate on ways to revive investment in oil and gas exploration and production. 

Last week, Modi also chaired a high-level meeting with Finance Minister Arun Jaitley and Petroleum Minister Dharmendra Pradhan in Delhi to discuss petroleum issues.

According to reports, the meeting discussion focused on increasing domestic oil production, subsidy borne by oil marketing companies and reducing imports to cut down the account deficit.