New Delhi: Petrol and Diesel prices were unchanged for the second consecutive day in four metro cities applicable from 6:00 a.m. on 9th August 2018.


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On Tuesday, Petrol prices were hiked by 9 paise in Delhi, Mumbai, and Chennai respectively while in Kolkata petrol prices were hiked by 11 paise. Diesel prices were hiked by 6 paise in Delhi, Mumbai, and Chennai respectively while in Kolkata diesel prices were hiked by 9 paise.


Petrol prices in Delhi crossed the Rs 77 a litre mark for the first time in two months due to firming international rates on Tuesday. Fuel prices in Delhi are the cheapest in all metros and most state capitals due to lower sales tax or VAT.


Retail selling prices have been firming up since July 30 as international rates inched up. Rates have risen by Rs 0.90 a litre in case of petrol in nine days while diesel prices have risen by Rs 0.88 per litre.


State-owned oil firms had in mid-June last year dumped 15-year practice of revising rates on 1st and 16th of every month in favour of daily price revisions.


In the International oil market, the US-China trade fight weighed on prices. US crude fell $2.23 to settle at $66.94 per barrel and Brent settled at $72.28, down $2.37 on the day, according to a report by news agency Reuters.


 


Prices of non-branded petrol in metro-cities


 


Cities (Rs/litre)
New Delhi 77.06
Kolkata 80.00
Mumbai 84.50
Chennai 80.05

Prices of non-branded diesel in metro-cities


Cities (Rs/litre)
New Delhi 68.50
Kolkata 71.31
Mumbai 72.72
Chennai 72.35

(Source: Indian Oil) Prices may vary from outlet to outlet within a city