Petrol, diesel prices continue to rise in India

In no relief to common man, the petrol and diesel prices in India continue to rise. The fuel prices increased by Rs 0.35 on Friday, October 22.

The prices of petrol and diesel were hiked by Rs 0.35 and will cost Rs 106.89 per litre and Rs 95.62 per litre, respectively in Delhi.

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In Mumbai, the petrol price stands at Rs 112.78 per litre and diesel would be sold at Rs 103.63 per litre, on Friday.

In Kolkata, the petrol will be sold at Rs. 107.45 per litre and diesel will be sold at Rs. 98.73 per litre. The prices in Chennai on Thursday stands at Rs. 103.92 per litre for petrol and Rs. 99.92 per litre for diesel.

The rising fuel prices in the country are not going to come down immediately. The central government is in talks with several oil-exporting countries on the issue of supply and demand of oils but there is no possibility of immediate relief in prices.

On Monday, a source told ANI that the Ministry of Petroleum and Natural Gas recently raised concerns about the matter of pricing, supply and demand of oils to the major oil-producing countries.

"As crude oil prices rise internationally, the petroleum ministry has called on the energy ministries of many countries such as Saudi Arabia, Kuwait, UAE, Russia and others," the source added.