Petrol prices have soared by Rs 1.59 a litre and diesel by Rs 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 Rs 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 Rs 66.74 per litre in Delhi.
This is the sixth straight daily increase and has taken the cumulative price hike since September 17 to Rs 1.59 per litre in case of petrol and Rs 1.31 for diesel.