TIWN May 21, 2018
AGARTALA, May 21 (TIWN): Fuel prices are continuing price-rocketing as within one day 21 paisa was increased on petrol price here in Agartala. Whereas on yesterday the price was 72 rupees, today it is 72.31 rupees, generated much resentment and concerns among the buyers.
On Monday, in the other major cities like Kolkata and Chennai, the price of the fuel rose to near five-year high levels, at Rs 79.24 and Rs 79.47 per litre.
According to observers, this rise in transportation fuel prices can be attributed to the recent surge in global crude oil prices and high excise duty in the country. On Monday, Brent crude oil was priced around $79 per barrel.
Diesel prices, which have already reached unprecedented levels, set new records across the country. In Delhi, Kolkata, Mumbai and Chennai, diesel was sold at Rs 67.82, Rs 70.37, Rs 72.21 and Rs 71.59 per litre, respectively.
The consumers alleged, before one year the price was only Rs. 45 which sometimes went to Rs. 48 but in one year, extreme hikes have become a matter of concern.
This spiral in prices of transport fuels comes amid continuous gains in crude oil prices globally. The brent crude oil is currently priced around $78 per barrel. During a telephonic interaction between Indian media and Saudi Arabian Minister of Energy, Industry and Mineral Resources Khalid Al-Falih, Petroleum Minister Dharmendra Pradhan raised concern over the surge in crude oil prices.
Spiralling petrol prices touched fresh record levels in Delhi and Mumbai today, at Rs 76.57 and Rs 84.40 per litre respectively. At West Bengal today the petrol price is Rs. 78.91.
On Sunday, the fuel price breached the all-time high levels touched in 2013 and was priced at Rs 76.24 and Rs 84.07 per litre in both the cities.
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