New Delhi: Petrol and diesel prices were hiked across the country for the seventh consecutive day on Monday. Prices of petrol and diesel rose by Rs 0.30 (at Rs 104.44/litre) and Rs 0.35 (at Rs 93.17/litre) respectively in Delhi today. In Mumbai, petrol is priced at Rs 110.41/litre (up by Rs 0.29) and diesel costs Rs 101.03/litre (up by Rs 0.37) today.
Shedding the modest price change policy, state-owned fuel retailers have since last week started passing on the larger incidence of cost to consumers. For seven days in a row, the price of petrol has been hiked by 30 paise a litre and diesel by 35 paise, the biggest rally in rates.
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The fuel rates are being increased by a larger proportion because the international benchmark Brent crude has soared to over USD 82 per barrel after the decision by OPEC+ not to increase output more than 0.4 million barrels per day. A month ago, Brent was around USD 72 per barrel.
Congress leader and former Chief Minister of Madhya Pradesh, Digvijaya Singh, on Thursday, slammed the Central government on the issue of petrol and diesel price hike. Singh took to Twitter to allege that the Central government is taking money from the pockets of the common man and filling their own pockets, only to spend it further on the big corporate houses.