Petrol, diesel prices on November 3: Fuel rates stay unchanged at record highs

Petrol and diesel prices differ from state to state, depending on the incidence of local taxes and cost of transportation. (Representative image)

Petrol prices remained unchanged at record highs across the country on November 3 after increasing for six straight days, according to a price notification of state-owned fuel retailers. Diesel prices also remained the same for the second consecutive day.

The last increase on November 2 took the price of petrol in Delhi to its highest-ever level of Rs 110.04 a litre. The price remained the same on November 3. Diesel price stayed unchanged at Rs 98.42 per litre on the day.

In Mumbai, fuel prices witnessed a similar trend. The petrol price remained unchanged and retailed at Rs 115.85 a litre. On May 29, Mumbai became the first metro in the country where petrol was retailed above Rs 100 per litre. Diesel price also remained the same and sold at Rs 106.62 per litre.

The petrol and diesel prices remained unchanged in Kolkata at Rs 110.49 per litre and Rs 101.56 per litre, respectively.

Chennai retailed a litre of petrol at the same price of Rs 106.66. Diesel price also remained unchanged at Rs 102.59 per litre.

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While petrol has already hit the Rs 100-a-litre mark or more in all major cities of the country, diesel has touched that level in over one-and-a-half dozen states. Diesel rates crossed that level in places ranging from Jalandhar in Punjab to Gangtok in Sikkim.

Petrol and diesel prices differ from state to state, depending on the incidence of local taxes and the cost of transportation. The twin factors led to petrol price crossing Rs 120 a litre mark in places such as Panna, Satna, Rewa, Shahdol, Chhindwara and Balaghat in Madhya Pradesh. The same level has also been crossed in two border towns of Rajasthan - Ganganagar and Hanumangarh.

Petrol price has been hiked on 27 occasions since September 28, when a three-week-long hiatus in rate revision ended. In all, prices have gone up by Rs 8.85 a litre.