Saturday, Aug 08, 2020 | Last Update : 03:24 PM IST

136th Day Of Lockdown

Maharashtra49026232728117092 Tamil Nadu2850242275754690 Andhra Pradesh2069601204641842 Karnataka164924842322998 Delhi1427231282324082 Uttar Pradesh113378668341981 West Bengal89666630601954 Telangana7525753239601 Bihar7179446294400 Gujarat68855517922604 Assam5549737225132 Rajasthan4941835186763 Odisha4255028698292 Haryana4005433444467 Madhya Pradesh3729827621962 Kerala3170019147103 Jammu and Kashmir2392716218449 Punjab1901512491462 Jharkhand140705199129 Chhatisgarh10109761369 Uttarakhand8008484795 Goa7075511460 Tripura5520367528 Puducherry4147253758 Manipur301818147 Himachal Pradesh2879171013 Nagaland24056594 Arunachal Pradesh179011053 Chandigarh120671520 Meghalaya9173305 Sikkim7832971 Mizoram5022820
  Business   Market  19 Jun 2020  Fuel price hike: In 13 days, petrol and diesel prices hiked by more than Rs 7 a litre

Fuel price hike: In 13 days, petrol and diesel prices hiked by more than Rs 7 a litre

PTI
Published : Jun 19, 2020, 10:36 am IST
Updated : Jun 19, 2020, 10:36 am IST

Petrol price hiked by 56 paise per litre and diesel by 63 paise a litre on Friday

 Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre. (PTI Photo)
  Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre. (PTI Photo)

New Delhi: Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre, taking the cumulative increase in rates to Rs 7.11 and Rs 7.67 per litre respectively in less than two weeks.

Petrol price in Delhi was hiked to Rs 78.37 per litre from Rs 77.81, while diesel rates were increased to Rs 77.06 a litre from Rs 76.43, according to a price notification of state oil marketing companies.

 

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the 13th daily increase in rates in a row since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus in rate revision.

In 13 hikes, petrol price has gone up by Rs 7.11 per litre and diesel by Rs 7.67 a litre.

The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) instead of passing on the excise duty hikes to customers adjusted them against the fall in the retail rates that was warranted because of fall in international oil prices to two decade low.

 

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

Tags: petrol price, diesel price, fuel prices, petrol diesel, coronavirus lockdown, india
Location: India, Delhi, New Delhi