Will October Usher In Softer Auto Fuel Prices?

The impact of the recent drone attacks on Saudi Arabia’s oil processing facilities was not only seen in global energy prices, but on the pockets of consumers back home.

- Richa Mishra/Twesh Mishra

The only difference being that while globally prices have returned to previous levels, here they continue to pinch the retail consumers’ household budget.

A look at the price data shows petrol prices have risen by ₹2.45 a litre and diesel by ₹1.96 a litre since September 14 — the day on which Saudi Aramco’s crude oil processing facilities came under a drone attack.

According to data available, auto fuel prices at the retail end continued their uptrend on Monday. The price of petrol in Delhi was ₹74.42 a litre, while diesel was sold at ₹67.33, up from Sunday’s price of ₹74.34 a litre for petrol and ₹67.24 a litre for diesel. Retail prices vary from State to State, depending on local taxes and levies.