Petrol, Diesel Prices Hiked For 2nd Consecutive Day

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New Delhi: Petrol and diesel prices were hiked for the second day on Wednesday. In the national capital, petrol prices were hiked by 19 paise per litre while diesel prices were hiked by 21 paise per litre.

In Delhi, petrol prices have been increased from Rs 90.55 per litre to Rs 90.74 per litre and diesel prices have been raised from Rs 80.91 per litre to Rs 81.12 per litre, according to Indian Oil Corporation.

In Mumbai, the revised prices of petrol and diesel are Rs 97.12 per litre and Rs 88.19 per litre respectively, according to the state-run oil refiner.

Presently, fuel prices are the highest in Mumbai among the four metro cities. Petrol and diesel prices vary across states in India due to the value-added tax.

Across the country as well the petrol and diesel price increased on Tuesday but its quantum varied depending on the level of local levies in respective states.

The price of the two auto fuels had fallen by 16 paise and 14 paise per litre respectively on April 15 after a 15 day break when OMCs kept its prices static. Thereafter revision of fuel prices have been halted.

The OMCs went on price cut for the first time this year on two consecutive days – March 24 and 25 after keeping oil prices steady for past 24 days. It again reduced the price on March 30. Thereafter, fuel prices have remained unchanged for past 15 days before falling again on April 15. In all petrol prices have fallen by 77 paise per litre while diesel by 74 paise per litre in 2021 so far.

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