Fuel prices see another spike after assembly elections
State-run fuel retailers increased the petrol price by 15 paise and diesel by 18 paise per litre on Tuesday for the first time in over two months, days after the assembly election process in four states and a Union territory ended last week.
Petrol in Delhi was being sold at Rs.90.55 per litre and diesel at Rs.80.91 a litre on Tuesday, according to India’s largest fuel retailer, Indian Oil Corp. Fuel prices differ across the country due to variations in state levies.
State-owned oil marketing companies (OMCs) could no longer hold pump rates of petrol and diesel as international prices have soared, two executives working in different OMCs said, requesting anonymity.
