Diesel Costly: Government oil marketing companies have not made any change in the prices of petrol and diesel in the country for 18 consecutive months. However, now an oil and gas company has drastically increased the prices of its diesel in India. This company is Shell India, which has increased the rate of diesel sold at its pumps by a huge amount of Rs 20 per liter within a week. Shell, which has a significant presence in South and Western India, has 346 petrol pumps across the country.
How much is the price of diesel at Shell India’s pump
Amid rising international crude oil prices, Shell India increased diesel prices by Rs 20 per liter in less than a week. Sources associated with Shell India said that after this increase, the price of diesel at its petrol pumps has become Rs 130 per liter in Mumbai and Rs 129 per liter in Chennai. At the same time, the price of petrol at Shell petrol pump is running at Rs 117-118 per liter. Dealers say that there is going to be another increase of four rupees per liter in the price of diesel at Shell petrol pumps. If this happens, the price of diesel in Mumbai will reach Rs 134 per liter on Thursday.
What did the company spokesperson answer
When contacted, a company spokesperson said, "Shell India confirms diesel price hike. We understand the problems of our customers but due to the ongoing fluctuations in the market, we have had to take the decision to increase diesel prices."
Crude oil prices are continuously increasing
Crude oil has remained above $90 per barrel for the last several days. Keeping this in mind, Shell India, the Indian unit of Shell, the world’s second largest oil and gas company, increased the price of fuel by Rs 4 per day last week.
Government oil marketing companies have not increased prices for 18 months
However, government petroleum companies have kept prices under control for the 18th consecutive month. The prices of diesel and petrol at the petrol pumps of government oil marketing companies are much lower than the rates sold at Shell India pumps. In most parts of the country, due to the majority of petrol pumps being run by public sector petroleum companies IOC, BPCL and HPCL, customers are still getting diesel and petrol at the old rates. At petrol pumps of government petroleum companies, petrol is being sold at Rs 106.31 per liter in Mumbai while in Chennai it is being sold at Rs 102.63 per litre. A total of 79,204 petrol pumps of these companies are present across the country.
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