To recall, on November 4th, the government had announced a cut of Rs 5 per litre in excise duty on petrol and an Rs 10 per litre cut in excise duty on diesel
Petrol and diesel prices will witness another hike of 80 paise on Friday. Notably, this will be the third price hike in the month of March. In the National Capital, petrol will be sold at Rs 97.81 per litre while diesel would cost Rs 89.07 per litre. As for Kolkata and Chennai, petrol and diesel will cost Rs 107.14 and Rs 92.22 and Rs 103.71 and Rs 93.75 respectively. In Mumbai, petrol and diesel will be sold at Rs 112.47 and Rs 96.65 per litre respectively.
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After a status quo on rates for 137 days, India witnessed a surge in fuel prices by 80 paise on Tuesday.
To recall, on November 4th, the government had announced a cut of Rs 5 per litre in excise duty on petrol and an Rs 10 per litre cut in excise duty on diesel to provide relief to customers against the soaring international crude oil prices
Check the Latest Rates Below:
| Petrol Price | Diesel Price | |
| Delhi | Rs 97.81 | Rs 89.07 |
| Mumbai | Rs 112.47 | Rs 96.65 |
| Kolkata | Rs 107.14 | Rs 92.22 |
| Chennai | Rs 103.71 | Rs 93.75 |
Tuesday witnessed a rise in cooking gas prices too. Domestic LPG cylinder prices were hiked by over Rs 50 in Delhi, Mumbai and other cities. The government raised the bulk diesel prices by Rs 25 a litre last week and aviation fuel is up 50 percent since January.
Last week, OMCs increased diesel prices for bulk users by Rs 25/litre, while the aviation fuel was already up 50 percent since January. Speculations rose in the past few weeks that OMCs would start increasing fuel prices after poll results on March 10 as global oil rates touched a high of $140 per barrel earlier this month.
