Prices rise; petrol costlier by ₹4.36/lt, diesel by ₹4.93/lt since May 4

The upward movement of fuel rates continued unabated for the eighteenth time since May 4 as state-run oil companies raised petrol price by 27 paise and diesel by 28 paise on Friday.

Petrol is now costlier by ₹4.36 per litre and diesel by ₹4.93 per litre across the country since May 4, a day after results of five assembly polls were declared.

The latest hike took auto fuel rates to yet another record. The unidirectional upward movement this month saw petrol breaching ₹100 mark in various cities across the country, particularly in Maharashtra, Rajasthan, Andhra Pradesh and Madhya Pradesh. Some of the cities selling the fuel for over ₹100 per litre are Mumbai, Ratnagiri, Parbhani, Aurangabad, Jaisalmer, Ganganagar, Banswara, Indore, Bhopal, Gwalior, Guntur and Kakinada.

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