Petrol prices on upswing, set to breach all-time high across India
Auto fuel prices are on the upswing in the country with the pump price of petrol set to breach all-time high levels next week.
The oil marketing companies (OMCs) on Sunday increased the retail price of petrol by 28 paise per to Rs 83.41 a litre in Delhi. Similarly, diesel price also increased by 29 paise a litre to Rs 73.61 a litre.
With this, the current price of petrol in Delhi is just about 60 paise short of breaching the all-time high level of fuel of Rs 84 a litre reached on October 4, 2018. Given the rate the daily increase by OMCs, the milestone may be achieved early next week.
