Petrol and diesel prices hiked for 7th time in 8 days

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Petrol and diesel prices, on Tuesday, saw a hike again for the seventh time in eight days by 80 paise per litre and 70 paise per litre, respectively, reported The Business Insider.

Both petrol and diesel prices have so far increased by ₹4.80 per litre in the last one week.

The fuel prices have seen a significant rise across the entire country, but the rate varies from state to state depending on the local taxation.

The petrol in Delhi will now cost you ₹100.21 per litre, an increase from ₹99.41 previously, while diesel rates have gone up from ₹90.77 per litre to ₹91.47.

Meanwhile, in Mumbai, petrol and diesel prices both were hiked by 85 paise and 75 paise respectively. However, in Chennai, the petrol rates have gone up to ₹105.94 and diesel prices have increased to ₹96 per litre.

This is the seventh hike in the last eight days after a four and a half months pause ahead of assembly elections in Punjab, Uttar Pradesh, Uttarakhand, Goa, and Uttarakhand.

State-run oil refiners like Hindustan Petroleum, Indian Oil, Bharat Petroleum are revising the fuel prices on a daily basis keeping in mind the rising crude oil prices in the international market.

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