Fuel prices see steady rise in Hyderabad

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 The fuel prices rise of both petrol and diesel have shot up when the public were busy protecting themselves from the infection of coronavirus and adjusting themselves to a new way of life.

In just nine days, the fuel prices rise of petrol has gone up by Rs 5.20 per litre, while that of diesel went up by Rs 4.50 per litre. On Monday, petrol was going at Rs 79.17 a litre, while diesel was being sold at Rs 72.93 a litre

Beginning from June 7, fuel prices have been on the rise in the city, rising steadily from Rs 73.97 to Rs 79.17, while the price of a litre of diesel had reached Monday’s Rs 72.93 from Rs 68.42 in the same period.

Petrol dealers attributed the consistent rise of fuel prices to the impact of crude oil rates at the global level.

The current fuel prices are very likely to go up by another Rs 3 to Rs.4 per litre,” he said.

Fuel prices are based on a dynamic pricing system that the Central government brought into force in 2017. Since then fuel prices have been fluctuating, and mostly upwards.

The prices of petrol have repeatedly d reached Rs.89 a litre and that of diesel had crossed the Rs.80 mark in the last two years, before going down. Now, the prices are once again set to touch Rs.80 a litre and Rs.75 a litre in a few days.

Fuel prices see steady rise in Hyderabad

Petrol prices has gone up by Rs 5.20 while diesel by Rs 4.50 per litre, in these nine days.

The fuel prices of both petrol and diesel have shot up when the public were busy protecting themselves from the infection of coronavirus and adjusting themselves to a new way of life.

In just nine days, the price of petrol has gone up by Rs 5.20 per litre, while that of diesel went up by Rs 4.50 per litre. On Monday, petrol was going at Rs 79.17 a litre, while diesel was being sold at Rs 72.93 a litre

Beginning from June 7, fuel prices have been on the rise in the city, rising steadily from Rs 73.97 to Rs 79.17, while the price of a litre of diesel had reached Monday’s Rs 72.93 from Rs 68.42 in the same period.

Petrol dealers attributed the consistent rise of fuel prices to the impact of crude oil rates at the global level.

The current fuel prices are very likely to go up by another Rs 3 to Rs.4 per litre,” he said.

Fuel prices are based on a dynamic pricing system that the Central government brought into force in 2017. Since then fuel prices have been fluctuating, and mostly upwards.

The prices of petrol have repeatedly d reached Rs.89 a litre and that of diesel had crossed the Rs.80 mark in the last two years, before going down. Now, the prices are once again set to touch Rs.80 a litre and Rs.75 a litre in a few days.

ALSO READ: Why petrol, diesel prices are on the rise in India

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