Thu. Dec 1st, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Petrol, diesel prices hiked again after a day of no revision

1 min read

A day after there was no change in fuel prices, state-run oil marketing companies Monday hiked the price of petrol prices by 5 paise a litre to 80.43 and that of diesel increased to 80.53 (hike of Re 0.13) in Delhi, a day after there was no change in the rates in the national capital.

In last 22 days, the price of petrol has gone up by 9.17 a litre while that of diesel has gone by a higher margin of 11.14 a litre.

After taking an 82-day break from reviewing fuel rates amid the coronavirus pandemic, retailers have been adjusting rates in line with costs from June 7. In Delhi, where the diesel costs more than petrol, both the fuels are now priced above 80. While petrol is selling at 19-month high level, diesel is at all-time 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

Oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

The Congress party would hold protests, between 11 a.m. and 12 noon on Monday in front of the central government offices against the fuel price hike, said senior Congress leader K.C. Venugopal.

The protest is aimed at highlighting the people’s plight due to the rising fuel prices and also to counter the BJP’s policies and programmes.


Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.