Petrol and diesel prices hiked after 4 months, LPG to cost Rs 50 more
AFTER A gap of over four months, petrol and diesel prices saw a rise on Tuesday as oil marketing companies (OMCs) hiked the prices of both fuels by about Rs 0.8 per litre. The first of what analysts expect will be a series of hikes pushed the price of petrol in the national capital to Rs 96.21 per litre and diesel to Rs 87.47 per litre. OMCs also increased the price of LPG by Rs 50 per cylinder, bringing the price of a 14.2 kg cylinder to Rs 949.5 in the capital.
The prices of both petrol and diesel are expected to rise further as crude oil prices have increased sharply due to the Russia-Ukraine conflict.
