Petrol, diesel prices hiked again to record highs:

Petrol and diesel prices were hiked again on Sunday, October 17 for the fourth consecutive day. mainly due to surging global crude oil prices. In the national capital, petrol prices hiked by 35 paise from ₹ 105.49 per liter to ₹ 105.84 per liter. While diesel rates also hiked by 35 paise from ₹ 94.22 to ₹ 94.57 according to Indian Oil Corporation. The fourth straight day of 35 paise per liter hike sent petrol and diesel rates to record highs across the country.

The price of petrol in Delhi rose to its highest-ever level of Rs 105.84 a liter and Rs 111.77 per liter. In the financial capital of India, Mumbai, according to a price notification of state-owned fuel retailers. With the latest revision in fuel prices, petrol and diesel are selling at record highs in all major cities across India.

Moreover, diesel prices have also increased in most of the major cities and towns across India. The ‘common man’s fuel’ is currently selling at prices over Rs 100 in most states including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka, and Ladakh. With this rise, petrol is now at Rs 100 – a – liter mark or more in all state capitals. While diesel has touched the 100 mark in over a dozen states.

Today’s Petrol and Diesel Prices:

Diesel crossed the Rs 100 – a – liter mark in Bengaluru, Daman, and Silvassa. Petrol used in two-wheelers and cars now costs 33% more than the price. At which aviation turbine fuel (ATF) is sold airlines. ATF in Delhi costs ₹79,020.16 per kilolitre or ₹79 per liter. The costliest fuel is in the border town of Ganganagar in Rajasthan. Where petrol comes for ₹117.86 a liter and diesel for ₹105.95. Prices differ from state to state depending on the incidence of local taxes.

The surge in international oil prices ended a three-week hiatus in rates on September 28 for petrol and September 24 for diesel. State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates. On a daily basis, by taking into account the crude oil prices. In the international markets, and the rupee-dollar exchange rates. Any changes in petrol and diesel prices implemented with effect from 6 am every day.

Prior to that, the petrol price increased by Rs 11.44 a liter between May 4 and July 17. Since then, diesel rates have gone up by ₹5.95 per liter, and fuel price has increased by ₹4.65. Diesel rate had gone up by Rs 9.14 during this period. Prior to that, the petrol price increased by ₹11.44 a liter between May 4 and July 17. The diesel rate had gone up by ₹9.14 during this period.