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Home Latest

Kashmir: Petrol price hits record high

GMK Staff by GMK Staff
February 4, 2021
in Latest
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Fuel prices in Kashmir Valley continued their upward movement on Thursday.

The fuel prices in Srinagar cross Rs 90 per litre,  while the prices of Diesel  soared to Rs 80 per litre.

The prices of both petrol and diesel have been rising for around a week now across the country.

 

Also Read  : High Court to resume physical hearing from Feb 8

 

The increase in transportation fuel prices comes amid surging crude oil prices. Currently, Brent crude oil is priced around $83 per barrel.

Sector experts also attribute the high domestic fuel prices to the high rate of excise duty across the country.

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