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Petrol, Diesel Prices Continue to Rise for Sixth Consecutive Day Post Iran Attack

Petrol, Diesel Prices Continue to Rise for Sixth Consecutive Day Post Iran Attack

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Fuel Fuel

New Delhi, January 7, 2020

The prices of fuel have been increasing on a daily basis. This time these have increased for the sixth time in a row. On Tuesday, the price of petrol rose by 5 paise and diesel by 12 paise across all the major cities of the country.

The increase in the prices was reported post rising tensions in the Middle East after the assassination of Iranian commander Qassem Soleimani in a US strike ordered by US President Donald Trump.

As per the latest report, petrol costs Rs 75.74 a litre in Delhi, Rs 78.33 a litre in Kolkata, Rs 81.33 a litre in Mumbai and Rs 78.69 a litre in Chennai, after the increase. While diesel prices cost Rs 68.79 a litre in Delhi, Rs 72.14 a litre in Mumbai, Rs 71.15 a litre in Kolkata and Rs 72.69 in Chennai.

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In a conclusive calculation of the first seven days of the year 2020, the petrol price rose up by 60 paise while diesel by 83 paise.

The Brent crude oil rates which crossed the $70 a barrel mark on Monday has cooled down a little bit on the sixth day to stay below the $70 a barrel.

It may be mentioned here that domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis. Price revisions are generally implemented at the fuel stations with effect from 6 am.

At the same time, the Congress party is also daring the BJP party to hold elections right away, with the former CM Tarun Gogoi claiming that the BJP will be lucky to win 25 seats.

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