Petrol, diesel prices today, October 31: Rates at all-time high; check prices in your city
First Published Oct 31, 2021, 9:48 AM ISTPetrol and diesel prices differ from state to state depending on the incidence of value-added tax.
Petrol and diesel prices differ from state to state depending on the incidence of value-added tax.
Petrol and diesel prices soared for the fifth consecutive day on Sunday to touch record highs across the country. The state-run oil marketing companies (OMCs) have increased fuel rates by 35 paise per litre each today.
With a hike of 35 paise a litre, the price of petrol in Delhi rose to its highest-ever level of Rs 109.34 a litre. The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 98.07 per litre in the national capital.
Mumbai, India's financial capital, also reported a surge in fuel prices with a litre of petrol costing Rs 115.51, whereas diesel costing Rs 106.23 per litre today. Mumbai reported a surge in fuel prices as compared to yesterday.
In Kolkata, the price of petrol is Rs 109. 79 per litre, while diesel can be bought for Rs 101.19 per litre. Meanwhile, in Tamil Nadu's capital Chennai, petrol is retailing at Rs 106.04 per litre and diesel costs Rs 102.25 per litre.
Following the continuous hikes, fuel rates skyrocketed in other metro cities such as Hyderabad and Bengaluru. In Bengaluru, petrol costs Rs 113.15 per litre and diesel costs Rs 104.09 in the city. Petrol and diesel prices differ from state to state depending on the incidence of value-added tax.
Earlier, a source told ANI that the Ministry of Petroleum and Natural Gas recently raised concerns about the matter of pricing, supply and demand of oils to the major oil-producing countries. “As crude oil prices rise internationally, the petroleum ministry has called on the energy ministries of many countries such as Saudi Arabia, Kuwait, UAE, Russia and others,” said the source.