Petrol, diesel prices hiked again after a day’s break, fuel to pinch more for Mumbaikars
Fuel prices are up again after a day’s break. In Delhi, petrol saw a 25 paise hike from Rs 102.39 per litre to Rs 102.64 per litre and diesel has become dearer by 30 paise from Rs 90.77 per litre to Rs 91.07 per litre .
Petrol in Mumbai is priced at Rs 108.67 a litre and diesel at Rs 98.80 per litre, as per an Indian Oil Corporation notification.
Fuel rates vary across states due to VAT. The OMCs had preferred to maintain their watch prices on global oil situation before making any revision in rates. This is the reason why the petrol prices were not revised earlier for the last three weeks. But extreme volatility in global oil price movement has now pushed OMCs to effect the increase.
