Petrol, diesel prices go up; have to bear it, say citizens

We can’t stop buying as we are dependent on these daily necessities. It was `82 litre back in 2013 as well, it came down and then it’s now going up. It’s all beyond the common man’s reach.”

— M. Sai Krishna, HCL employee

On top of onions which are inching towards the

`200-a-kg mark, the price of petrol is within touching distance of `80 a litre. On Monday, petrol cost

`79.81, after increasing 5 paise overnight due to the daily revision of proces.

Petrol had crossed the

`80 mark last year before cooling down again. Diesel is pushing the `70 mark,

The Hyderabad Petrol Dealers Association stated that the increase is felt more due to the fluctating oil prices. The taxes of the central and state governments add to the burden. The price of petrol in Telangana state is among the highest in the country due to these taxes.

The petrol price in the state have peaked to `80 per litre.

It has come down only marginally now.

In New Delhi, petrol hit the `75 a litre mark for the first time in more than a year as oil firms raised rates to make up for rising cost of production. Diesel costs `66.04 per litre in the national capital

The petrol rate has been increasing daily since November 9 except for one day. Cumulatively, petrol price increased by `2.30 per litre in the past month.

In mid-September, the petrol price had gone up due to drone attacks on some of Saudi Arabia's giant onshore fields. The petrol price is rising again on the back of the rupee-dollar exchange rate.

Petrol and diesel prices are revised daily on the basis of changes in their benchmark international fuel prices and rupee-dollar exchange rate.

■ THE PETROL rate has been increasing daily since November 9 except for one day. Cumulatively, petrol price increased by `2.30 per litre in the past month.

If petrol prices increase, there will be an increase in prices of cab and auto fares. Many depend on them, especially working women. As a medical professional, I believe there will be a hike in medicine costs directly too.”

Uma Maheshwari, doctor Who cares! People who have enough money efford it, those who can’t will use public transport. There are electric vehicles too in the market so why worry about petrol.”

—Srinivas, Organic former There’s been constant rise in petrol price. If we increase the fare, our business will be affected. We are running the business on the edge, we cannot complain anywhere, but for us it’s tough time.”

— Machender Goud, Tours and Travels.

Prices of petroleum products were revised on 1st and 16th of every month. But now they are being revised daily.”

Karthik Pawar, Mechanical Design Engr