Finance
Petrol and diesel prices have been hiked again after a day’s gap.
Petrol and diesel prices soared to new record highs across the country on Tuesday after rates were hiked again by 25 paise and 30 paise a litre, respectively.
In Delhi, the prices were raised by 80 paise, bringing the cost of petrol to Rs 102.61 per litre, while diesel will be sold at Rs 93.87 per litre.
Mumbai saw an increase of 85 paise, bringing the cost of petrol and diesel to Rs 117.57 and Rs 101.79.
After a hike of 76 paise, petrol and diesel prices in Chennai touched Rs 108.21 and 98.28.
In Kolkata, the price of petrol was hiked by 84 paise, pushing the cost to Rs 112.19, while diesel would be sold at Rs 97.02 after an increase of 80 paise.
This is the 10th increase in prices since the ending of a four-and-half-month-long hiatus in rate revision on March 22.
Prices differ from state to state depending on the incidence of local taxes.
The price hike follows international oil prices soaring to near three-year high as global output disruptions forced energy companies to draw more crude oil out of their stockpile.
State-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) resumed daily price revisions on September 24 after international oil prices neared a three-year high. Global benchmark Brent crude is trading above $78 per barrel.
Source:IT
