India petrol prices inch towards record highs after OMCs hike for 6th day
Petrol prices could touch an all-time high with oil marketing companies (OMCs) raising their retail price for sixth consecutive day on Monday.
The price of petrol here increased by a margin of 30 paisa per litre on Monday to Rs 83.71 a litre from a level of Rs 83.41 a litre on Sunday.
The OMCs also raised the price of diesel by 26 paisa per litre to Rs 73.87 a litre as against Rs 73.61 a litre a day earlier.
With the increase, retail price of petrol has inched closer to all time high levels of Rs 84 a litre — that it touched two years back on October 4, 2018.
