"oil-price"

Brent crude, the international benchmark, pushed over $95 per barrel on Tuesday, the highest since November 2022.

Petrol prices in all metros have now crossed the Rs 100 per litre mark.

The relentless price increase has pushed petrol rates above the Rs 100-a-litre mark in most places in 15 states.

The Chief Minister said the fuel price was rising uncontrollably after the shift from administrative price mechanism to dynamic pricing.

Rates vary from state to state depending on the local incidence of taxation (VAT) and freight.

This is the fifth straight day of price hike and the 14th increase in rates since November 20 when oil companies resumed daily price revision after nearly two-month hiatus.

This is the highest rate for petrol and diesel since September 2018 and followed the 13th increase in rates since November 20.

This is the eighth increase in rates since November 20 when oil companies resumed daily price revision after nearly two-week hiatus.

In three days, petrol price has gone up by 40 paise and diesel rates have risen by 61 paise per litre.