Mumbai, May 22: Petrol price on Tuesday, May 22, touched a new all-time high across states in India, reaching Rs 84.70 per litre in Mumbai, 30 paise more than what it was on Monday, May 21. The price of diesel, too, touched another peak of Rs 72.48 per litre in Mumbai today. In Delhi, the price of petrol was at Rs 76.87 per litre today while the cost of diesel went up to Rs 68.08 per litre here. Meanwhile, the industry as well as the Opposition are demanding an excise duty cut to give partial relief to consumers. Also Read - ‘LPG Price Increases Due to High Consumption During Winters, Likely to Come Down Next Month,’ Says Pradhan
In Chennai, the price of petrol on May 22 went up to Rs 79.79 per litre while diesel was at Rs 71.87 per litre. In Kolkata, petrol price went up to Rs 79.53 while diesel cost rose to Rs 70.63 per litre today. Also Read - Over 6 dead, 40 Injured After Bus Catches Fire in Odisha, CM Announces Ex-gratia of Rs 2 lakh
On Sunday, petroleum minister Dharmendra Pradhan hinted towards cutting excise duty. “The Centre is sensitive towards the rising fuel prices. Various alternatives are being explored. I hope something will work out soon,” Pradhan told reporters. However, there has been no word on a cut on excise duty from the government so far. Also Read - Petrol, Diesel Prices Register Sharp Cut; Check Out Latest Rates in Metro Cities Here
Pradhan on Monday said that they have appealed to the Odisha government to reduce the tax on petrol and diesel for the benefit of people. Talking to media, Pradhan said, “We will appeal to the Odisha state government to reduce the tax on petrol and diesel for the benefit of people. Now once again we will appeal to the government to reduce tax, for the benefit of citizens.”
Pradhan had earlier raised concern over the issue during a telephonic interaction with Saudi Arabias Minister of Energy, Industry and Mineral Resources Khalid Al-Falih. “Minister Pradhan expressed his concern about rising (oil) prices and its negative impact on consumers and the Indian economy,” an official statement said on Friday. According to the statement, Minister Al-Falih also assured Pradhan that supporting global economic growth is one of the Saudi Arabia’s key goals.