Petrol prices rise across metros after 47-day halt
Business & Economy

Petrol prices rise across metros after 47-day halt

IANS

New Delhi, August 16, 2020

After a pause of 47 days, petrol prices rose across the four metros on Sunday.

In the national capital, the fuel was sold at Rs 80.57 per litre, 14 paise higher than the previous level. Petrol price was at Rs 80.43 in Delhi since June 29.

The price hike comes at a time when crude oil prices have been rising and the Brent crude is trading around $45 per barrel.

Price of petrol in the other key metros, Mumbai, Chennai and Kolkata, on Sunday were Rs 87.31, Rs 83.75 and Rs 82.17 per litre, respectively.

Diesel prices, however, were unchanged for the 16th consecutive day in Delhi at Rs 73.56 per litre.

Price of diesel fell over Rs 8 in the city on July 31 after the Delhi Government announced to slash the value added tax (VAT) on it.

In Mumbai, Chennai and Kolkata also, diesel prices were unchanged at Rs 80.11, Rs 78.86 and Rs 77.06 per litre.

IANS

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