Increase in petrol and diesel prices: 10 paise in 16 days, 80 paise today

Today’s petrol and diesel prices have been impacted by the ongoing conflict between Russia and Ukraine.

Today’s gasoline and diesel prices 6 April 2022: On Wednesday, fuel prices were increased by 80 paise per litre, the 14th increase in 15 days. Petrol and diesel prices have increased by ten cents per litre in the last sixteen days, following a four-and-a-half month rate freeze that ended on March 22.

Rates vary by state and the extent to which municipal taxes are levied, with Mumbai having the highest fuel rates among the metro cities.

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Petrol costs 105.41 rupees a litre in Delhi, while diesel costs 96.67 rupees per litre, according to the latest notification by state-owned fuel retailers. In Mumbai, petrol and diesel rates per litre were quoted at 120.51, up 84 paise, and 104.77, up 85 paise, respectively.

Increase in petrol and diesel prices
Increase in petrol and diesel prices

The Centre has been under fire from opposition parties for the unrelenting increase in fuel and diesel prices. Sanjay Singh of the Aam Aadmi Party took a swipe at the Centre on Tuesday over rising gasoline costs, claiming that by “80-20,” the BJP meant that they would increase the price of petrol and diesel by 80 paise daily for 20 consecutive days.

Throughout the whole Uttar Pradesh election, the BJP maintained that we are contesting on an 80-20 basis. They were attempting to convey the message that we will continue to raise the price of fuel and diesel by 80-80 paise a litre for the next 20 days. That is just what they do, by dispensing sweet poison.” Singh was quoted in the press as saying.

Union petroleum minister Hardeep Singh Puri stated that India’s fuel costs increased by only 5% between April 2021 and March 2022, despite the fact that the Russia-Ukraine conflict impacted crude oil prices globally. In some other developed and emerging countries, fuel prices have soared by more than 50% in the aftermath of the war, he added.

“We are not the only country affected by the conflict,” the minister noted, noting that petrol costs had increased by more than 50% in the United States, the United Kingdom, Canada, Germany, and Sri Lanka.

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