Petrol prices increase for 5th consecutive day

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Petrol prices across the four metros increased for the fifth consecutive day on Monday, with the fuel being priced over Rs 88 per liter in Mumbai.

In the country’s financial capital, petrol was sold for Rs 88.28 per liter on Monday, higher by 12 paise from its previous level of Rs 88.16 per liter.

At the current rate, petrol prices could soon be touching unprecedented levels of Rs 100 a liter.

Similarly in Delhi, the price of the fuel increased by 13 paise to Rs 81.62 a liter from the previous day price of Rs 81.49 a liter.

In Kolkata, petrol was priced at Rs 83.13, higher by 12 paise from its previous level of Rs 83.01 per liter.

The price of the transportation fuel in Chennai was at Rs 84.64 per liter, higher by 12 paise from Rs 84.52 per liter on Sunday.

Diesel prices are, however, the same across the metros.

In the national capital, diesel prices have remained stable since the Delhi government announced a 13.25 percent reduction in the Value Added Tax on July 30, which had caused the price to fall by Rs 8.36 per liter.

Diesel is priced at Rs 73.56 a liter in the national capital. The price of the fuel in Mumbai, Chennai, and Kolkata was at Rs 80.11, Rs 78.86, and Rs 77.06 per liter respectively.

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