Petrol, Diesel Rates Hiked For 3rd Consecutive Day

Petrol and diesel prices have been increased for the third consecutive day this month by the oil marketing companies. The rates have been increased on Thursday, May 6 after remaining unchanged for the last 18 days. Today’s rise is the sharpest in the past three days. Petrol became costlier by 22-27 paise per litre, while diesel’s retail price rose by 28-30 paise.

The state-run oil marketing companies, Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, align the rates of domestic fuel with the global crude oil prices. They do this by taking into account changes in the foreign exchange rates. The new changes in fuel prices are implemented at 6 am every day.

Check out the cost of Petrol and Diesel in your city here:

1. Today, on May 6, 2021 petrol prices in Delhi stand at ₹ 90.99 per litre, witnessing a steep hike of 25 paise over a day before, while diesel rates went up by 30 paise, currently standing at ₹ 81.42 per litre.

2. In Mumbai, petrol prices have reached 97.34 per litre, while diesel prices have touched ₹ 88.49 per litre mark, witnessing a price hike of 22 paise and 30 paise, respectively.

3.  Kolkata petrol prices have gone up to ₹ 91.14 per litre, a hike of 22 paise, while diesel prices have touched ₹ 84.25 per litre after receiving a hike of 28 paise.

4. In Chennai, a 20 paise hike in petrol prices has led to the cost going upto ₹ 92.90 per litre mark, while diesel rates went up by 26 paise, at ₹ 86.35 per litre.

5. Bengaluru, petrol prices today reached up to Rs 94.01 per litre after a hike of 24 paise, while diesel has become expensive by 30 paise at ₹ 86.31 per litre.

6.  Hyderabad petrol prices went up by 23 paise at ₹ 94.57 per litre, while diesel prices in the city saw a hike of 31 paise at ₹ 88.77 per litre.

The fuel rates vary from state to state in the country due to the value-added tax or VAT.

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