(ET)
Diesel prices have flared up to a new record level in Delhi while petrol, kerosene and jet fuel prices continue to rise in the country in line with the surge in global crude oil prices. State-owned oil companies sold diesel to retail consumers for Rs 59.70 a litre in Delhi on Monday at the highest ever price in the city. In Kolkata and Chennai, diesel prices were the highest since September 2014.
In Mumbai, prices were the highest since March 2017. Petrol prices in Delhi, Mumbai, Chennai, Kolkata and many other cities were the highest since October 3, 2017, when the Centre decided to cut excise duty by Rs 2 on petrol and diesel to bring some relief to consumers. October was also the month the government directed companies to stop monthly hikes in prices of cooking gas – hikes were intended to eliminate subsidy on cooking fuel.
