New Delhi, April 24: A rise in global crude oil cost to around $75 per barrel lifted the domestic retail petrol price higher for the sixth consecutive day in New Delhi on Tuesday.
Consequently, the widely-consumed transportation fuel became dearer by 13 paise to Rs 74.63 per litre from Monday's cost of Rs 74.50 per litre.
As per data available on IndianOil's website, Tuesday's motor spirit price level in New Delhi was the highest since September 14, 2013 when it had touched Rs 76.06 a litre.
Besides New Delhi, petrol prices climbed to new multi-year highs in other major metro cities -- Kolkata, Mumbai and Chennai -- at Rs 77.32, Rs 82.48 and Rs 77.43 per litre respectively on Tuesday.
The previous highs in these cities were Rs 78.03 (Kolkata, August 2014), Rs 83.62 (Mumbai, September 2013) and Rs 77.48 (Chennai, September 2013).
Apart from petrol, diesel prices, too, touched record high levels on Tuesday in Delhi, Kolkata, Mumbai and Chennai. They rose to Rs 65.93, Rs 68.63, Rs 70.20 and Rs 69.56 per litre respectively.
According to analysts, the recent upsurge in the costs of transportation fuel have been triggered due to a rise in global crude oil prices.
On Tuesday, Brent crude price rose to $75 per barrel due to geo-political tensions in the Middle East, whereas it cost over $100 a barrel in 2013.
Currently, prices of transport fuels are changed on a daily basis unlike the previous norm of fortnightly revisions.
In addition, the high rate of excise duty has contributed to the rise of transportation fuel prices.
In the Union Budget 2018-19, the government had reduced the basic excise duty on petrol and diesel by Rs 2. The government also abolished additional excise duty on fuel. But to compensate the move on the fiscal front, it increased the road cess to Rs 8 per litre.
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Pakistan reports two more polio cases; Total tally now 52
ISLAMABAD: At least two more cases of poliovirus were reported in Pakistan, taking the number of infections to 52 so far this year, a report said on Friday.
“The Regional Reference Laboratory for Polio Eradication at the National Institute of Health has confirmed the detection of two more wild poliovirus type 1 (WPV1) cases in Pakistan," an official statement said.
The fresh infections — a boy and a girl — were reported from the Dera Ismail Khan district of Khyber-Pakhtunkhwa province.
“Genetic sequencing of the samples collected from the children is underway," the statement read. Dera Ismail Khan, one of the seven polio-endemic districts of southern Khyber Pakhtunkhwa province, has reported five polio cases so far this year.
Of the 52 cases in the country this year, 24 are from Balochistan, 13 from Sindh, 13 from Khyber Pakhtunkhwa, and one each from Punjab and Islamabad.
There is no cure for polio. Only multiple doses of the oral polio vaccine and completion of the routine vaccination schedule for all children under the age of five can keep them protected.
