State-run oil marketing companies increased petrol rates by 38 paise per litre on Monday, while diesel prices were raised by 49-52 paise across the four major metros.
Petrol price in Delhi was cut to Rs 69.04 per litre from Rs 69.26 while diesel rates came down to Rs 63.09 from Rs 63.32 a litre, according to the price notification of state-owned oil firms.
According to Indian Oil Corp's website, petrol price was at Rs 69.26 per litre in national capital Delhi on Saturday, 29 paise down from the Friday's levels of Rs 69.55 per litre.
In the national capital, petrol was sold at Rs 70.07, down from Rs 70.27 per litre on Saturday, according to data on the Indian Oil Corp's website.
The government had cut the excise duty on fuel prices in October in order to tackle increasing prices of petrol and diesel.
Experts say the US is increasing pressure on Saudi Arabia and OPEC to not cut production, as the Saudis had indicated they would, at their meeting on December 6.
As the international oil prices continued to rise, price of petrol and diesel in Delhi increased to Rs 82.83 and Rs 75.69 on October 17. In Mumbai, rates touched Rs 88.29 a litre for petrol and Rs 79.35 for diesel.
According to the government data released Wednesday, food articles witnessed softening of prices with deflation at 1.49 per cent in October, against 0.21 per cent September.
Beginning October 18, international oil prices have been falling and rupee has also appreciated.
Likewise, in Mumbai, for petrol and diesel, you have to pay Rs 84.68 per litre (decrease by Rs 0.18) and Rs 77.18 per litre (decrease by Rs 0.14), respectively.
The CPCB will immediately make social media account on which citizens can complain about pollution, the top court ordered.
Likewise, in Mumbai, for petrol and diesel, you have to pay Rs 86.81 per litre (decreased by Rs 0.10) and Rs 78.46 per litre (decreased by Rs 0.08), respectively.
A litre of diesel cost 12 paise more than that of petrol in Bhubaneswar on Sunday with diesel being sold at Rs 80.69 per litre while petrol cost 80.57 per litre.
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The Centre on October 4 announced a Rs 2.50 per litre cut in petrol and diesel prices after it reduced excise duty by Rs 1.50 a litre.
Earlier on Sunday, oil-marketing companies increased the prices of petrol and diesel across the four metro cities.
The deputy chief minister added that states which are already reeling under the losses cannot be expected to bear the burden of extra Rs 2.5/ltre cuts.
The revised rates of petrol in Delhi stood at Rs 81.82/litre and Rs 73.53/litre respectively.
On Thursday, shortly after the Centre announced reduction in prices of petrol-diesel, Maharashtra and at least another 10 states followed suit. However, Maharashtra cut VAT only on petrol.
“Respected Modi ji, common man is deeply troubled over spiralling prices of petrol and diesel. Please bring petrol, diesel under GST ambit,” Rahul Gandhi tweeted.
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