Diesel price rises by 70 paise in 4 days; petrol rate hike next
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 `9.32 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.
Just like the previous two occasions, petrol price was not changed on Monday. It costs ` 101.19 a litre in Delhi and ` 107.26 in Mumbai.
