Looming SA fuel hike: Here's a look at global petrol prices

Looming SA fuel hike: Here's a look at global petrol prices

In Mumbai, diesel price has reached Rs 71.12, while it is Rs 69.33 in Kolkata and Rs 70.49 in Chennai. As if the worst fear of every citizen has come true, fuel prices are swiftly moving towards unprecedented levels.

As per the fresh revision today by major Oil PSUs, the price of petrol was recorded at Rs 75.32 in New Delhi; Rs 83.16 in Mumbai; Rs 78.01 in Kolkata; Rs 78.16 in Chennai and Rs 76.54 in Bengaluru. The oil prices are now revised everyday at 6 am, after state-owned oil companies made a decision to do away with the 15-year-old practice of revising fuel prices on the 1st and 16th of every month.

In the national capital Delhi, a litre of petrol now retails at Rs 75.32 and the diesel is priced at Rs 66.79/litre.

Oil PSUs, which have been revising auto fuel prices on a daily basis since June a year ago to reflect changes in the cost, had kept pump rates static since April 24, in the wake of Karnataka polls. To add to that, Brent crude oil has touched $79.47 a barrel, its highest since November 2014.

Rapper TI arrested near Georgia home
According to Tip, his arrest is ultimately a result of calling out his gated community's security guard for sleeping on the job. According to The Atlanta Journal-Constitution, T.I. did not have his key and argued with a guard, who refused to let him in.

The daily pricing of fuel was enforced by the government in June previous year to align with the worldwide oil prices and currency volatility.

Petrol price in Chennai today: The petrol price here stood at Rs 78.16 paisa up by 23 paisa versus previous day prices of Rs 77.93 per litre.

He further said that the prices of the cooking gas (LPG) and civil aviation fuel have remained static at Rs 1,375 per cylinder and Rs 95 per litre respectively. The exchange rate of the Indian currency also plays a role in the price hike.

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