Petrol price hits Rs 75 a litre mark, diesel crosses Rs 66
Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year as oil firms raised rates to make up for rising cost of production.
Petrol price was on Monday hiked by 5 paise per litre and diesel by 10 paise a litre, according to daily price notification of state-owned oil firms. The increase pushed price of petrol to Rs 75 a litre in the national capital and that of diesel to Rs 66.04 a litre.
Rates have been on the rise since November 9, barring one day. Cumulatively, petrol price has been increased by Rs 2.30 a litre in the last one month. Diesel prices, however, have been moderate in their movement, hovering in between Rs 65-66 a litre range.
