NEW DELHI : In the biggest price hikes since the July Budget, the price of petrol was today increased by 25 paise and that of diesel by 24 paise. The fuel price hike follows a sudden spike in crude oil rates on Monday following drone attacks on Saudi oil infrastructure which wiped off 5% of world’s crude oil supplies. A litre of petrol costs ₹72.42 in Delhi, ₹78.10 in Mumbai, ₹75.26 in Chennai and ₹75.14 in Kolkata. Diesel costs ₹65.82 a litre in Delhi, ₹69.04 in Mumbai, ₹69.57 in Chennai and ₹68.23 in Kolkata.
Today’s increase is the biggest single-day hike since the July 5 maiden Budget of Finance Minister Nirmala Sitharaman that raised rates by almost ₹2.50 a litre due to an increase in excise duty on fuel.
