Premium petrol prices breach Rs 100/litre mark in Rajasthan, MP

TIL Desk/Business/New Delhi/ Petrol prices with additives has crossed broken the psychological Rs 100 per litre mark in different parts of the country as oil marketing companies continue with their daily price hike for auto fuels in wake of heated up global oil market.

Indian Oil Corporation’s (IOCs), Xtra Premium Petrol, which a superior version of the auto fuels with additives, is being retailed now at over Rs 100 per litre in few cities in Rajasthan and Maharashtra. In Ujjain, the Extra premium petrol is priced at Rs 100.25 a litre while in Jaisalmer the same variety of petrol is priced at Rs 100.52 a litre.

In several other cities in the two states and in Madhya Pradesh, the fuel variety has either crossed Rs 100 per litre mark or is precariously close to the mark with reaching the miles atone as early as tomorrow if there is further price increase by OMCs.

Giving effect to developments in the global oil markets, OMCs have been revising the price of auto fuels – petrol and diesel, consecutively for past seven days. This has even taken the retail price of normal petrol, which is largely consumed in the country within touching distance of Rs 100 per litre mark. For example – Petrol is priced at Rs 95.46 a litre in Mumbai, Rs 96.96 in Bhopal, Rs 95.44 in Jaipur.