Petrol, Diesel Prices Hiked by 80 Paise a Litre Each, 9th Increase in 10 Days

Petrol, Diesel Rates Today: On March 31, 2022, petrol, diesel price witnessed a tenth increase since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol, Diesel prices today: Petrol and diesel prices were on Thursday hiked by 80 paise a litre each, taking the total increase in rates in the last ten days to Rs. 6.40 per litre. Petrol in Delhi will now cost Rs. 101.81 per litre as against 101.01 per litre previously while diesel rates have gone up from 92.27 per litre to 93.07 per litre today, price notification of state fuel retailers showed.

In Mumbai, the petrol and diesel prices per litre reached Rs. 116.72 and Rs. 100.94 respectively after prices were increased by 84 paise. In Chennai, the price of petrol is Rs 107.45 (increased by 76 paise) and diesel is Rs 97.52 (increased by 76 paise) and in Kolkata, the price of petrol is Rs 111.35 (increased by 83 paise) and diesel is Rs 96.22 (increased by 80 paise).

Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On the first four occasions, prices were increased by 80 paise a litre – the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. On Wednesday, petrol and diesel prices were hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre. And, on Tuesday, petrol price was hiked by 80 paise a litre and diesel by 70 paise.

Petrol and Diesel in your city on Thursday, March 31, 2022:

Petrol and diesel prices in your city on March 30, 2022 was:

Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab — a period during which the cost of raw material (crude oil) soared by about USD 30 per barrel. The rate revision was expected soon after counting of votes on March 10 but it was put off by a couple of weeks.

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