Petrol, diesel prices hiked by 60 paise/litre each for fifth straight time

  • Petrol price in Delhi was hiked to 74 per litre from 73.40 while diesel rates were increased to 72.22 a litre from 71.62.
Petrol pump workers wear protective suit on duty during the nationwide COVID-19 lockdown in New Delhi on Monday. (ANI Photo)
Petrol pump workers wear protective suit on duty during the nationwide COVID-19 lockdown in New Delhi on Monday. (ANI Photo)

Petrol and diesel prices on Thursday were hiked by 60 paise per litre each - the fifth straight daily increase in rates since oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to 74 per litre from 73.40 while diesel rates were increased to 72.22 a litre from 71.62, according to a price notification of state oil marketing companies.

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Also Read : India's fuel demand nearly doubles in May as lockdown restrictions ease

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fifth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In five hikes, petrol price has gone up by 2.74 per litre and diesel by 2.83.

First Published Date: 11 Jun 2020, 09:33 AM IST
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