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Petrol, Diesel Prices Hiked For 5th Time In 6 Days

On Sunday, petrol price was hiked by 50 paise a litre and diesel by 55 paise a litre. It is the fifth hike in fuel prices in last six days, taking the total increase in rates since resumption of daily price revision less than a week back to ₹ 3.70-3.75 per litre.

In Delhi, from previous ₹ 98.61 a litre, the petrol price surged to ₹ 99.11 per litre, meanwhile the diesel price went up from ₹ 89.87 per litre to ₹ 90.42, according to a price notification of state fuel retailers.

The hike in fuel prices is nation-wide and rates may vary from state to state depending upon the incidence of local taxation.

After a four-and-half-month long hiatus in rate revision on March 22, this is the fifth increase in prices. Prices had been increased by 80 paise a litre on all the previous four occasions- the steepest single-day rise since the daily price revision was introduced in June 2017.

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