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    In new record, diesel prices rise above Rs 81/litre in Delhi; petrol prices unchanged

    Synopsis

    Since June 7 when the current cycle of price increases started, diesel prices have increased by Rs 11.66 per litre, or 17%, in the country while petrol prices have risen by Rs 9.17 per litre, or 13%. In the same period, the rates of diesel and petrol in the international market, have risen by 12% and 4%, respectively.

    Domestic fuel prices are expected to be aligned with the international rates of fuel daily but they often diverge.
    NEW DELHI: Diesel prices rose above Rs 81 per litre, setting a fresh record, in Delhi on Monday.

    Petrol prices remained unchanged on Monday at Rs 80.43 per litre while diesel rose 11 paise to Rs 81.05 per litre in Delhi. Petrol and diesel sold for Rs 87.19 and Rs 79.29 per litre, respectively, in Mumbai.

    Since June 7 when the current cycle of price increases started, diesel prices have increased by Rs 11.66 per litre, or 17%, in the country while petrol prices have risen by Rs 9.17 per litre, or 13%.

    In the same period, the rates of diesel and petrol in the international market, have risen by 12% and 4%, respectively.

    Domestic fuel prices are expected to be aligned with the international rates of fuel daily but they often diverge.

    Crude oil prices, trading around $43 a barrel on Monday, have been somewhat stable since the beginning of June. It had fallen to below $20 a barrel late April from $66 a barrel at the beginning of the year.
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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    9 Comments on this Story

    Hemant Pisat22 days ago
    When crude was at $100 plus, petrol @ Rs.62, Diesel @ Rs. 47, LPG at Rs.39, CNG was just Rs. 32. And yes this was not long long ago. Prices today are killing the life. Fuel costs percolates even to the condoms becoming costlier.
    raaj till22 days ago
    let disel touch 100 let people walk short distances to improve health parameters
    Shashank22 days ago
    The idiosyncratic behaviour of our PM on economy front is the worst I can expect of. Raising the tax on petroleum products will surely reduce the money in hands of people and will increase the prices of fruits and vegetables. This will create a low demand in the market which will further reduce the salary of an employee. henceforth, this vicious cycle will continue
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