Petrol, diesel prices go up again. Here’s what you will have to pay
The price of petrol and diesel went up for the eleventh consecutive day on Wednesday, touching the highest level since more than a year.
Petrol price increased by 55 paise and diesel by 69 paise per litre to Rs 77.28 and Rs 75.79 per litre respectively on Wednesday in the national capital.
Oil marketing companies have started raising petrol and diesel prices daily from June 7 after 83 days break since March 16. In these 11 days, petrol price has increased by Rs 5.42 a litre and diesel price by Rs 5.8 a litre in the national capital.
According to a report, state-run oil marketing companies have been suffering losses of about Rs 8 on every litre of petrol and diesel they sell after Brent crude oil rates rebounded from the record lows of around $20 a barrel and the central government hiked excise duties last month.
