Fuel prices rise for 15th day, petrol at Rs 78. 27 a litre in Delhi

Petrol and diesel prices continued to touch fresh peaks for the 15th consecutive day, with petrol being sold at Rs 78. 27 per litre in Delhi.

The revised petrol prices in metropolitan cities for Monday are: Rs 78.27 per litre in Delhi, Rs 86.08 a litre in Mumbai, Rs 80.76 in Kolkata, and Rs 81.11 in Chennai. .

Diesel prices showed a similar upward revision, with the fuel selling at Rs 69.17 a litre in Delhi, and Rs 73.64 per litre in Mumbai on Monday.

Last week, Union petroleum and natural gas minister Dharmendra Pradhan had said that the government will soon come out with a solution to tackle the unabated rise in fuel prices.

Pradhan had pointed out that lesser production of oil in the Organization of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the international market are some of the factors affecting the fuel price.

In April, Pradhan had said the Centre and the state governments have been considering bringing the petroleum products under the ambit of Goods and Services Tax.