Petrol tops Rs 100 in Delhi after 80 baisa hike, diesel tops 70 baisa

On Tuesday, petrol price exceeded Rs 100 per liter after price hikes of 80 baisas per liter and 70 baisas in the case of diesel, bringing the total price increase in one week to 4.80 rupees per liter.

Petrol in Delhi will now cost 100.21 rupees per liter compared to 99.41 rupees previously while diesel prices have risen from 90.77 rupees per liter to 91.47 rupees, according to the state’s fuel sellers price notification.

Rates have been increased across the country and vary from state to state depending on the occurrence of local taxes.

This is the seventh price increase since a long four-and-a-half month pause in price revisions ended on March 22. On the first four occasions, prices rose by 80 baisas per liter – the largest one-day rise since the daily price review was presented in June 2017. In the following days, the price of gasoline increased by 50 baisas and 30 baisas per liter, while the price of diesel increased by 55 Baizas and 35 beers per liter.

In all, petrol and diesel prices rose by Rs 4.80 per liter.

(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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