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Fuel prices on Tuesday for the sixth straight day after a month of numerous falls as international crude prices continued to rally and rupee's depreciation against the US dollar.
Petrol, diesel prices became costlier by 28-31 paise per litre across various cities of the country.
Petrol price in the national capital crossed a mark of Rs. 70/litre. The revised price of petrol in Delhi is Rs. 70.41per litre as against Rs.70.13 per litre yesterday. Diesel is sold at Rs 64.47, 29 paise higher than yesterday's price of Rs 64.18
In Chennai and Kolkata, petrol prices increased by 29 paise and 28 paise respectively. Diesel in these cities hiked by 29 paise than Monday's price respectively.
Fuel prices(per litre) in various cities after Friday's hike:
Mumbai Rs.76.05 Rs.67.49
Chennai Rs.73.08 Rs.68.09
Kolkata Rs.72.52 Rs.66.24
Noida Rs.70.29 Rs.63.84
In Mumbai, petrol price increased by 28 paise. Diesel in Mumbai became costlier by 31 paise. In Gurugram, petrol price jumped to Rs 71.32 and diesel increased to Rs 64.45.
Brent crude oil prices fell below $60 per barrel on Monday. Brent crude was trading 1.12 per cent lower at $59.89 per barrel on Monday while the rupee was trading flat at 70.48 per dollar.
Earlier, crude prices edged higher on Thursday, supported by comments from the US Federal Reserve chairman, but gains were capped as optimism surrounding US-China trade talks faded.
On Friday, crude prices fell marginally and the Brent crude futures were trading 0.21 per cent lower at $61.55 per barrel.
Despite Friday's price fall, Brent crude is set for weekly gains of more than 7 per cent.