Even as petrol and diesel prices saw another price hike on Sunday to reach all-time highs in several parts of the nation, top government officials stressed that oil companies have not passed on the entire increase brought about by global oil and gas prices rising to three-year highs and have made sure that a UK-like situation of fuel pumps running dry does not arise anywhere in India.
According to a price notification of state-owned fuel retailers, petrol saw the third straight hike in prices, rising 25 paise a litre, while diesel rose 30 paise. In Delhi, both fuels hit their highest ever level, with petrol at Rs 102.39 and diesel at Rs 90.77 per litre.
