Petrol and diesel prices continued their upward momentum across the country and inched to fresh new highs on Monday, February 15, 2021. In the national capital, the price of petrol was hiked by 26 paise a litre, while diesel got dearer by 29 paise.
Following today’s hike, petrol now costs Rs 88.99 a litre in the national capital while diesel is available for Rs 79.35. In Mumbai, petrol price now stands at Rs 95.46 while diesel is retailing at Rs 86.34. The fuel prices are presently retailing at their record highs in the country.
In Rajasthan’s Sri Ganganagar district, petrol soared to Rs 99.56 and diesel jumped to Rs 91.48 per litre. This is the highest retail price of auto fuels across the country
Here’s what you pay for a litre of petrol and diesel in your city on Monday, February 15, 2021:
|City||Petrol (Rs/litre)||Diesel (Rs/litre)|
|Source: Indian Oil Corporation|
Fuel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.
The price of India’s crude oil basket, which comprises of Oman-Dubai sour grade and dated Brent sweet crude, was at $60.74 a barrel on Friday, February 12, 2021, according to released by Petroleum Planning and Analysis Cell.
In the global market, oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East tensions, news agency Reuters said in a report.