Petrol prices have soared by ₹1.59 a litre and diesel by ₹1.31 in the last six days — the most since daily price revision was introduced in 2017, as a massive strike at Saudi Arabian oil facilities jolted oil markets.
Petrol price was on Sunday hiked by 27 paise to ₹73.62 a litre in the Delhi market — the benchmark for national rates, according to a price notification by state-owned oil firms. Price of diesel was increased by 18 paise to ₹66.74 per litre in Delhi. This is the sixth straight daily increase and has taken the cumulative price hike since September 17 to ₹1.59 per litre in case of petrol and ₹1.31 for diesel.