Diesel price in Delhi crosses Rs 76/litre-mark first time ever
Retail price of diesel in Delhi crossed Rs 76/litre mark for the first time in history, mainly on the hefty taxes recently imposed by the Union and state governments. Diesel in Delhi cost Rs 76.43/litre on Thursday, a day after it rose to an all-time high of Rs 75.79/litre.
Retail rates of auto fuels have been raised for the 12th day in a row as state-run oil-marketing companies (OMCs) revive their marketing margins. Petrol, on Wednesday, cost Rs 77.81/litre in the national capital still lower than its highest of Rs 84/litre on October 4, 2018. Prices are high even though current rate of $38.4/barrel for Indian basket of crude is less than half of October 2018 levels.
