Petrol and diesel prices were raised by about 90 paise per litre on Tuesday. This marks the second hike within a week.
Petrol, Diesel Price Hike: The prices of petrol and diesel were increased by up to 90 paisa per litre on Tuesday, marking the second hike in less than a week due to the continuous surge in global crude oil prices. Following the latest revision, petrol prices in the national capital increased from Rs 97.77 to Rs 98.64 per litre, while diesel prices rose from Rs 90.67 to Rs 91.58 per litre.
The Oil Marketing Companies (OMCs) have made a fresh revision in the fuel prices days after petrol and diesel rates increased by Rs 3 per litre due to continuously surging global crude oil prices amid the ongoing tensions in West Asia. The blockade of the Strait of Hormuz has also played a major role in the price hike.
The back-to-back revisions have triggered concerns over inflation and transportation costs. The price hikes have also set off public reaction and political criticism across states.
