Petrol Diesel Price in Patiala touching sky

Diesel prices have touched a record high of Rs 62.09 per litre and petrol prices have crossed Rs 76.56 per litre in Patiala as international oil rates continue to rally. Petrol prices rose to its highest since August 2014 today, according to daily fuel price list of state-owned oil firms.Last week, Oil Minister Dharmendra Pradhan responded toquestions on whether the Centre would cut excise duty on the two fuels, by asking states to first cut VAT. “Why dont you ask state governments to reduce first,” he said on January 1 while responding to reporters question on excise duty cuts. “Government of India reduced excise duty (in October last year). We are appealing to states to reduce VAT.”