Fuel prices surge; petrol price at Rs 87.55 per litre in T'puram

Kochi: Prices of petrol and diesel were raised across the country on Saturday as state-run oil marketing companies (OMCs) continued the upward price revision.

Petrol prices in Delhi rose to Rs 85.70 and diesel prices were up by 15 paise to rise to Rs 75.88 per litre. Mumbai also saw fuel prices soar as petrol prices rose to Rs 92.28 per litre and diesel prices rose to Rs 82.66 per litre.

The record rise in prices has led to demands for a cut in excise duty to allow customers to buy fuel at lesser prices.

Petrol price in Kochi increased to Rs 86.18 per litre while diesel price increased to Rs 80.34 per litre. In Thiruvananthapuram, petrol costs Rs 87.55 per litre while diesel costs Rs 81.62 per litre.

Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) had resumed daily price revisions on January 6 after nearly a month-long hiatus. This came on the back of international oil prices firming up on hopes of demand returning from the rollout of coronavirus vaccines in different countries, including India.

 

Asianet.in/NewsDesk: Asianet Online