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No change in rates for the fourth consecutive day

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Even as Brent crude oil rates are hovering around the $42 a barrel mark, state-run oil firms have not changed the price of petrol and diesel for the fourth day today. Earlier for about three weeks beginning June 7, the price of petrol was increased by 9.17 a litre and that of diesel by 11.14 a litre.

Diesel continues to be at its lifetime high in Delhi while petrol is at a 19-month high level.

New Delhi: Petrol 80.43. Diesel 80.53

Gurgaon: Petrol 78.65. Diesel 72.81

Mumbai: Petrol 87.21. Diesel 78.95

Chennai: Petrol 83.67. Diesel 77.78

Hyderabad: Petrol 83.48. Diesel 78.70

Bengaluru: Petrol 83.04. Diesel 76.59

The Aam Aadmi Party yesterday held protests in various states against the rising fuel prices and demanded immediate rollback of the hike in the wake of the situation arising due to the coronavirus pandemic. BJP state president Adesh Gupta said AAP is only pretending to hold protests to mislead the Delhiites so that they cannot question the Kejriwal government.

“The reason for the rising prices of petrol diesel in Delhi is the Delhi government itself. Petrol and diesel prices in Delhi are high due to increase in VAT by the Delhi government,” he said.

In the international market, Brent crude oil was up 4.3% for the week after rising more than 2% yesterday. Crude prices fell today by 0.9%, at $42.77 a barrel, as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed the prospects of fuel demand recovery.

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