Fuel prices continues to hike for 13th straight day

Petrol Price

New Delhi, May 25: Fuel prices continued to increase for the 13th straight day on Saturday causing inconvenience to the public.

According to Indian Oil Corporation (IOCL), revised petrol prices in metropolitan cities are- Delhi: Rs 77.97 per litre; Mumbai: 85.78; Kolkata: 80.61 and Chennai: 80.95; whereas diesel prices are, Delhi: 68.90; Mumbai: 73.36; Chennai: 72.74; Kolkata: 71.45.

“The fuel prices are increasing daily and the government is not doing anything. If the prices go higher than this, we will still have to get it refilled. What will a common man do?,” a Delhi resident told news agency ANI.

As the Centre has come under the cloud over fuel price hike, Union Petroleum and Natural Gas Minister Dharmendra Pradhan earlier assured the public that the government will soon take out a solution to tackle the situation.

But yet there is no solution has been offered by the Central government.

He further pointed out that less production of oil in the Organization of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the international market are some of the factors affecting the fuel price.

Last month, Pradhan had said the Centre and the state governments have been considering bringing the petroleum products under the cap of Goods and Services Tax.


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