Price hike on Petrol and diesel

Petrol, diesel prices at fresh highs; petrol crosses Rs 87 mark in Delhi

Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus

by · National Herald

Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus.

Petrol and diesel prices were hiked by 35 paise per litre each, according to price notifications of state-owned fuel retailers.

The increase took petrol prices to a fresh high of Rs 87.30 a litre in Delhi and to Rs 93.83 in Mumbai. Diesel rates rose to Rs 77.48 per litre in the national capital and to an all-time high of Rs 84.36 in Mumbai.

Prices were last hiked by 30 paise on February 5.

Rates have risen by Rs 3.59 per litre in case of petrol and by Rs 3.61 on diesel in 2021. Brent crude oil price on Monday rose above USD 60 per barrel for the first time in more than a year on improving demand outlook amid the global rollout of COVID-19 vaccines.