Petrol Price Hiked by 50 Paise, Diesel by 55 Paise. Check Latest Fuel Rates in Your City

The price of petrol and diesel have been hiked once again for the fifth time in six days on Sunday (March 27, 2022). While petrol price have hiked by 50 paise a litre, diesel is up 55 paise.

New Delhi: The price of petrol and diesel have been hiked once again for the fifth time in six days on Sunday (March 27, 2022). While petrol price has hiked by 50 paise a litre, diesel is up 55 paise. In all, petrol prices have gone up by Rs 3.70 per litre and diesel by Rs 3.75 in six days. And with this latest fuel price revision, petrol will be sold at Rs 99.11 per litre and diesel at Rs 90.42 per litre in Delhi. Meanwhile, in Mumbai, the petrol and diesel prices per litre will be sold at Rs 113.88 and Rs 98.13 after an increase by 53 paise and 58 paise respectively.

In Chennai, the price of petrol is Rs. 104.90 and diesel is Rs. 95.00 and in Kolkata, the price of petrol is Rs. 108.53 and diesel is Rs. 93.57. Meanwhile, in Ahmedabad, the petrol price stood at Rs 98.81 a litre on Sunday, up 50 paise against Saturday’s price.

Fuel rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the fifth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On all the previous four occasions, prices had been increased by 80 paise a litre – the steepest single-day rise since the daily price revision was introduced in June 2017.

Fuel 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 apparently to not give opposition leaders like Rahul Gandhi a handle to say that they had rightly predicted that prices will go up after elections. Congress and other opposition parties have criticised the government for the price rise saying it has added to the burden on common man reeling under general commodity price rise.

Check the price of petrol and diesel in your city through SMS

You can know the price of petrol and diesel in your city daily through an SMS. For this, the customers of Indian Oil (IOCL) will have to write the RSP code and send it to the number 9224992249. Click here to know the RSP code of your city.