BusinessFuel Prices Hiked 6 Times So Far This Year, Petrol Rate In Delhi Crosses Rs 70/Litre
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Fuel Prices Hiked 6 Times So Far This Year, Petrol Rate In Delhi Crosses Rs 70/Litre
Petrol, diesel prices hiked by 37-53 paise a litre in metros on Monday
In Delhi, petrol price at Rs 70.13 a litre, diesel at Rs 64.18 a litre
Crude oil recovery on tightening supply triggers domestic price hike
Petrol and diesel prices stood at Rs 70.13 a litre and Rs 64.18 a litre in Delhi on Monday
Petrol prices were hiked by 37-40 paise per litre and diesel rates by 49-53 paise per litre on Monday. That marked the fifth consecutive hike in domestic fuel prices, and the sixth overall so far this year. In Delhi, the price of petrol crossed the Rs 70 a litre mark for the first time in 2019. The upwards price revision comes on the back of a recovery in crude oil prices in anticipation of tightening supply ahead, say analysts. Curr...