Gasoline and diesel price per liter is 80 baisa. Rs 50 hike in LPG prices: Reports

On Tuesday, gasoline and diesel prices rose by 80 pounds per liter each while domestic cooking gas prices rose by 50 rupees per cylinder, sources said, ending an election-related gap of more than four and a half months in price revisions.

Petrol in Delhi will now cost Rs 96.21 per liter compared to Rs 95.41 previously while diesel prices have risen from Rs 86.67 per liter to Rs 87.47.

An unsupported 14.2kg LPG cylinder will now cost Rs 949.50 in the national capital.

While LPG prices were last revised on October 6, petrol and diesel prices have been frozen since November 4 ahead of assembly elections in states such as Uttar Pradesh and Punjab.

Prices have remained frozen ever since, despite the high cost of raw materials. Global oil prices were around $81-82 a barrel in early November versus $114 now.

Sources said a 5 kg LPG cylinder will now cost Rs 349 while a 10 kg composite bottle will come for Rs 669.

A commercial cylinder of 19 kg now costs Rs. 2003.50.

(The title and image for this report may have been reformulated only by the Business Standard staff; the rest of the content is automatically generated from a shared feed.)

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