The increase in the previous weeks has taken petrol to cross historic-high levels of Rs 100 a litre in several cities across the country raising concerns over high tax rates by the government.
Representative image (Image: Reuters)
After a steep rise in prices earlier, petrol and diesel prices are unchanged across the country on March 8, 2021, even as the price of crude oil surged above $ 70 per barrel after Saudi Arabia’s Aramco said that an energy facility was attacked.
The prices of petrol and diesel in New Delhi remained stable at Rs 91.17 per litre and Rs 81.47 per litre, respectively, according to the Indian Oil Corporation Limited (IOCL). The prices were last hiked by 24 paise per litre for petrol and 15 paise per litre for diesel on February 27, 2021, in the national capital.
In Mumbai, the price of petrol is Rs 97.57 per litre. The price of diesel stood at Rs 88.60 per litre.
The increase in the previous weeks has taken petrol to cross historic-high levels of Rs 100 a litre in several cities across the country raising concerns over high tax rates by the government. Fuel prices have rallied since January 2021 after a hike in global fuel prices.
Meanwhile, the prices of petrol and diesel in Chennai stood at Rs 93.11 and Rs 86.45 per litre, respectively. The price of petrol and diesel in Kolkata were also stable at Rs 91.35 per litre and Rs 84.35 per litre, after the poll-bound state of West Bengal cut the state value-added tax (VAT) by Re 1 on February 20.
On February 26, Union Oil Minister Dharmendra Pradhan had said that the raging fuel prices will come down as the winter ends.
“Prices will come down a little as winter goes away. It’s an international matter, price is high due to increase in demand, it happens in winter. The price will come down,” he said, as quoted by ANI.
