The fuel prices continue to increase across the country. On Thursday, oil marketing companies raised price of petrol by 16 paise a litre and diesel by 14 paise a litre.
After the increase, petrol was retailing at Rs 79.92 in New Delhi and diesel was selling at Rs 80.02 a litre.
The diesel price increased for 19th day in a row since the daily revision of prices started in June 7 after a gap of 82 days due to lockdown. The price of petrol was unchanged on Wednesday, after a gap of 17 days. Diesel prices in Delhi had shot past petrol prices on Wednesday for the first time ever.
Chairman of state-run Indian Oil Corp (IOC), Sanjiv Singh, said that higher diesel price in Delhi was a result of a steep hike in Value Added Tax or VAT by the state government.
