In the fourth consecutive round of hike, the price of petrol went up by 29 paise per litre while that of diesel by 19 paise per litre. Today’s hike is the biggest one for petrol in the last two months. In the last four days alone, the price of petrol has shot up by 68 paise and diesel by 58 paise a litre.
A litre of petrol costs ₹72.71 a litre in Delhi, ₹78.39 in Mumbai, ₹75.19 in Bengaluru and ₹75.76 in Chennai. Diesel, on the other hand, costs ₹66.01 a litre in Delhi, ₹69.24 in Mumbai, ₹68.26 in Bengaluru and ₹69.77 in Chennai.
The latest round of fuel price hike is directly related to the drone strikes on Saudi Arabia’s oil facilities on Saturday. On Monday, crude oil rates had gone up by almost 20% as about 5% of world’s oil supplies were wiped out in the attacks. Read More
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