Prices of petrol, diesel raised again

Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in cost of raw material.

Petrol in Delhi will now cost ₹98.61 per litre as against ₹97.81 previously while diesel rates have gone up from ₹89.07 per litre to ₹89.87, according to a price notification of state fuel retailers.

All the four increases since the ending of a four-and-half-month long hiatus in rate revision on March 22, have been of 80 paise a litre. These increase increases are the steepest single-day rise since the daily price revision was started in June 2017. In four increases, petrol and diesel prices have gone up by ₹3.20 a litre.