Petrol prices hiked for first time since July 17, diesel costlier by 95 paise

State run fuel retailers on Tuesday raised petrol rates by 20 paise a litre for the first time since July 17 as international oil prices soared to a three-year high, breaching the $80 a barrel mark following rising demand and supply concerns.

Diesel price also jumped by 25 paise per litre on Tuesday, the fourth hike in five days, which made the fuel costlier by 95 paise a litre. The recent diesel price rally started from Friday (September 24) after it was last hiked on July 15 to reach ₹89.87/litre mark on Tuesday.

Petrol is currently sold for ₹101.39 per litre in Delhi and diesel at ₹89.57. The previous price hike of petrol that took place 73 days ago had raised its rate to an all-time high of ₹101.84.