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Petrol, Diesel prices continue to rise for 14th consecutive day

New Delhi: Adding ‘insult to injury’ the fuel companies hiked petrol and diesel prices for a 14th straight day on Sunday.

The revised petrol prices in metropolitan cities are- Delhi: Rs 78.12 per litre; Mumbai: 85.93; Kolkata: 80.76 and Chennai: 81.11.

Meanwhile, the cost of diesel per litre has been increased to 69.06 in Delhi: 68.90; 71.61 in Kolkata, 73.53 in Mumbai and 72.91 in Chennai.

As the Centre has come under fire over fuel price hike, Union Petroleum and Natural Gas Minister Dharmendra Pradhan earlier assured the public that the government will soon take out a solution to tackle the situation.

He further pointed out that less production of oil in the Organization of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the international market are some of the factors affecting the fuel price.

In April, Pradhan had said the Centre and the state governments have been considering bringing the petroleum products under the ambit of Goods and Services Tax.

This article was first published on http://www.wakeuppost.com.

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