Petrol fuel prices
Petrol and diesel prices are continuing to hit new highs as the cost of crude oil increased to over 118 per barrel levels not seen since before 2009. This is further compounded by a weakening pound to US dollar exchange rate currently down at 126 from 135 at.
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After a gap of 45 days fuel prices came down on Sunday May 22 2022 after Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by 8 per litre.
. Petrol Diesel Prices Today. Diesel prices hit new high despite Sunak fuel duty cut. Excise duty on petrol and diesel on Saturday May 21 was reduced by the Centre by Rs 8 per litre and Rs 6 per litre respectivelyThe surprise move was aimed to lessen peoples woes regarding high fuel prices and will cost.
The average price for a litre of diesel hit a record of just over 180 a litre on Monday according to motoring group RAC. Petrol prices stood at 166 a litre on average a.
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