FUEL PRICES RISE AGAIN

A screenshot of the IndianOil ONE app showing fuel prices in Kohima on January 18. The app is maintained by Indian Oil Corporation Ltd for fuel related needs. (Screenshot/Morung Photo)
A screenshot of the IndianOil ONE app showing fuel prices in Kohima on January 18. The app is maintained by Indian Oil Corporation Ltd for fuel related needs. (Screenshot/Morung Photo)

Petrol at Rs 88.31 and diesel at Rs 78.88 in Kohima

Morung Express News
Dimapur | January 18

After a three-day pause, fuel prices increased again by 25 paisa per litre across India, including Nagaland, on January 18.

With this, petrol on Monday was retailing at Rs 88.31 in the state capital Kohima, up from previous day price of Rs 88.06. 

Likewise, diesel prices increased to Rs 78.88 a litre from Rs. 78.67.

The prices were marginally lower in Dimapur at Rs 87.34 for petrol and Rs 78.19 for diesel.

The quantum of the rise, however, varied from state to state depending on tax regulations prevailing in the central tax, state and transportation cost.

In national capital Delhi, it was being sold at Rs 84.95 a litre from previous day price of Rs 84.70 a litre. Similarly, diesel prices also increased to Rs 75.13 a litre, up from previous day's level of Rs 74.88 a litre.

In Mumbai, petrol and diesel were retailing at Rs 95.56 and Rs 81.87 respectively on Monday. In Itanagar, it was Rs 78.96 for petrol and Rs 72.67 for diesel. 

Oil marketing companies (OMCs) decided to break their three days pause on price revision in wake enlarging under recovery on sale of the two petroleum products, IANS reported.

The increase in pump price of petrol and diesel came on a day when global oil prices have a glimpse of softening with crude falling below $55 a barrel after almost a week of hovering above that range, it added.