Petrol price reaches All-Time High, close to Rs 75 a litre in Delhi

Petrol Price

New Delhi, May 15: Petrol price in the national capital reached the all-time high with a price hike of Rs 74.95 per litre on 15th May, 2018. 

Prices increased for the second day in a row after Indian Oil Corp (IOC) resumed the dynamic pricing system on Monday after a 19-day halt.

In the other metropolitan cities of Kolkata, Mumbai and Chennai also, petrol prices were at fresh multi-year high levels of Rs 77.65, Rs 82.79 and Rs 77.77 a litre respectively, according to the IOC data.

Prices of diesel, which have been reaching record levels, rose to a new high in all the metropolitan cities on Tuesday. It was sold at Rs 66.36, Rs 68.90, Rs 70.66 and Rs 70.02 per litre in Delhi, Kolkata, Mumbai and Chennai respectively.

This kike in prices of transport fuels comes amid continuous gains in crude oil prices globally. The brent crude oil is currently priced around $78 per barrel.


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