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Resource centre on India's rural distress
 
 

Poll fetters off, oil in daily dash

-The Telegraph/ PTI

New Delhi: Petrol prices have touched a record high of Rs 76.24 per litre and diesel climbed to a highest ever Rs 67.57 in New Delhi with the oil PSUs passing on to consumers the impact of four weeks of a relentless rise in international prices.

The price of petrol rose by 33 paise a litre in Delhi, the highest since the daily price revisions came into force in mid-June 2017, and that of diesel by 26 paise. Petrol in Calcutta costs Rs 78.91 a litre and diesel Rs 70.12.

This is the seventh straight day of price rise since oil PSUs resumed daily price revisions on May 14 after a 19-day hiatus before the Karnataka polls.

Chief minister Mamata Banerjee tweeted: "We are very concerned about the rising prices of petrol and diesel. This will certainly affect prices all around. Common people, farmers and many will suffer."

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