Petrol and diesel prices rose sharply by 35 paise per litre on Thursday after oil marketing companies decided to break a week-long pause in price revision, taking note of a surge in global oil prices as benchmark Brent crude touched $59 a barrel.
Accordingly, retail price of diesel increased to Rs 76.83 a litre in Delhi from earlier Rs 76.48. Petrol price reached another new high of Rs 86.65 a litre as against Rs 86.30 prevailing in the national capital since January 27.
