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Monday, October 18, 2021

Petrol-Diesel Price: Petrol-Diesel prices increased even today, prices caught fire for the 5th consecutive day

Petrol and diesel prices increased for the fifth consecutive day this week

Petrol and diesel prices were increased in the country for the fifth consecutive day on Saturday. After the continuous increase this week, the prices of petrol and diesel have reached a new peak in many states. On Saturday, the price of petrol increased by 30 paise per liter, while the price of diesel increased by 35 paise. With this increase, the price of petrol in Delhi reached Rs 103.84. Petrol in Mumbai is now selling at Rs 109.54 per liter. Diesel price in Delhi set a new record on Saturday. Here now diesel is being sold at Rs 92.47 per liter, while in Mumbai it has crossed Rs 100 per liter. On Saturday, diesel is being sold in Mumbai for Rs 100.29 per liter.

Petrol-diesel at new peak in many states

Petrol in Kolkata is being sold at Rs 104.52 per liter while the price of diesel has reached Rs 95.58 per liter. Petrol in Chennai is Rs 101.27 per liter while diesel prices have increased to Rs 96.93 per liter. Due to the different tax rates on petrol and diesel in different states, the prices are also different. Petrol prices have increased by 30 paise per liter across the country in the last three days. Diesel prices have increased by 35 paise per liter.

Coal Crisis: The condition of steel and aluminum industry worsens due to shortage of coal, from FMCG products to vehicles will be more expensive now

Crude oil price set fire

Crude oil prices are increasing in the international market. Brent crude prices have reached $ 82 per barrel. In fact, OPEC+ countries had decided not to increase oil production by more than four lakh barrels per day. Since then, the price of crude oil started increasing in the international market. A month ago, the price of Brent crude in the international market was $ 72 per barrel.

India imports 80 percent of its oil requirement, so its oil import bill is very high. The effect of increasing the price of petrol and diesel is very high on inflation. Most of the goods are transported by trucks, which run on diesel. After September, the price of petrol in India has increased by Rs 3.35 per liter and diesel by Rs 2.35 due to increase in international crude oil prices.

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