Simple in Bhavnagar, premium petrol crosses 100 again in Ahmedabad

New Delhi, Dt
State-owned oil companies on Saturday hiked petrol prices by 20 paise and diesel by 4 paise, citing a war between Ukraine and Russia and rising international crude oil prices. The price hike will take effect on Sunday from 9.00 am. Oil companies have raised petrol-diesel prices for the fifth time in six days. With this price hike, simple petrol in Bhavnagar and premium petrol in Ahmedabad will cost Rs. Has crossed 100
Oil companies have hiked petrol and diesel prices for the fifth time in six days, up from 40 paise four times earlier. With the new price hike in petrol and diesel, the price of plain petrol in Ahmedabad has gone up by Rs. 2.5 to Rs. The price of diesel has gone up to Rs 4.5 per liter. 2.5 to Rs. Was 3.2. In Ahmedabad, the price of premium petrol has gone up to Rs. 101.3.
Petrol price in Bhavnagar is Rs. 100.5, which on Saturday was Rs. Was 100.18. The price of diesel is Rs. 4.5, which on Saturday was Rs. It was 8.31. The new price will come into effect from Sunday morning. The excise duty on the central bank was reduced to 8.2 on November 4 from 104.5.
The price of petrol in Delhi is Rs. 3.11, which was earlier Rs. The price of diesel was Rs 2.31 per liter. 90.5, which is Rs. Was 4.5. After a hiatus of about four-and-a-half months, petrol and diesel prices were hiked by the same 20 paise four times on March 6, 7, 8 and 9. Petrol price has been hiked by 50 paise and diesel by 3 paise for March 8. Petrol price in Mumbai is Rs. 115.31 and the price of diesel is Rs. 2.08.
The 50 paise hike by state-owned oil companies is the highest single-day hike in the country since the daily change in petrol and diesel prices began in June 2016. In the last six days, petrol has gone up by Rs. 2.50 and diesel Rs. 2.5 has become expensive. Petrol and diesel prices have stabilized in five states, including Uttar Pradesh and Punjab, from November 4 before the Assembly elections. At that time, the price of crude oil was 50 US dollars per barrel.
The possibility of a fuel price hike was raised at any time after the results of the March 10 assembly elections were declared in five states. However, oil companies did not raise retail prices of petrol and diesel for 15 days, despite crude oil rising from 3 a barrel in early November to ૧ 115 a barrel in March. However, oil companies are now offering petrol and diesel at Rs. According to national and international research institutes, it is likely to increase from 12 to 8.