Diesel price up 70 paise in 4 days; petrol rate hike next
The Hindu
International oil prices have soared to a three-year high
Diesel price on Monday was hiked by 25 paise per litre — the third increase since last week — and more rate hikes for both diesel and petrol are in the offing in the coming days as international oil prices have soared to a three-year high.
The price of diesel was hiked to ₹89.32 per litre in Delhi and to ₹96.94 in Mumbai, according to a price notification of state-owned fuel retailers.
This is the second straight day of increase in diesel prices and the third since September 24 when the state-owned oil firms ended a three-week hiatus in rates.
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