Advertisement
Thursday, Dec 09, 2021
Outlook.com
Outlook.com

Petrol, Diesel Prices Rise For Sixth Straight Day

In 18 days, the petrol price has gone up by Rs 2.65 per litre and diesel rate has risen by Rs 3.41.

Petrol, Diesel Prices Rise For Sixth Straight Day
Representational Image | PTI
Petrol, Diesel Prices Rise For Sixth Straight Day
outlookindia.com
2020-12-07T14:25:23+05:30

Petrol and diesel prices rose for the sixth day in a row on Monday as rates went up by 26-30 paise per litre.

Petrol price was hiked by 30 paise per litre and diesel by 26 paise, according to a price notification of oil marketing companies.

Rates for petrol in Delhi rose to Rs 83.71 per litre, from Rs 83.41 while diesel price went up from Rs 73.61 to Rs 73.87 per litre.

This is the sixth straight day of price hike and the 15th increase in rates since November 20, when oil companies resumed daily price revision after nearly two-month hiatus.

Rates are now at the highest level since September 2018.

In 18 days, the petrol price has gone up by Rs 2.65 per litre and diesel rate has risen by Rs 3.41.

The rate increase follows international oil prices rising by a third from lows in October-end. Brent crude oil is nearing USD 50 per barrel mark on hopes that Covid vaccines would lead to demand recovery.

Prior to the November 20 hike in rates in India, petrol prices had been static since September 22 and diesel rates hadn't changed since October 2.

In Mumbai, petrol price rose to Rs 90.34 per litre from Rs 90.05, while diesel rates went up from Rs 80.23 to Rs 80.51.

Rates vary from state to state depending on the incidence of local sales tax or VAT.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

AFSPA: When SC Probe Panel Found Six Encounters In Manipur To Be Fake

AFSPA: When SC Probe Panel Found Six Encounters In Manipur To Be Fake

AFSPA is in force in Nagaland, Assam and parts of Manipur and Arunachal Pradesh in the northeast. A similar law exists in Jammu and Kashmir.

CDS General Bipin Rawat: A Saga Of Valour And Excellence

CDS General Bipin Rawat: A Saga Of Valour And Excellence

General Bipin Laxman Singh Rawat held the status of a four star general of the Indian Army. He took over as the 27th Chief of Army Staff (COAS) on December 17, 2016.

Ashes, 1st Test, Day 2 LIVE: Warner Approaches Century

Ashes, 1st Test, Day 2 LIVE: Warner Approaches Century

Get here live cricket scores of day 2 of the first Ashes Test in Brisbane. Pat Cummins has given Australia a head start with a five-wicket haul on Day 1.

Women In Hip Hop: Emerging Female Rappers Who’re Bringing In A Freshness To The Genre

Women In Hip Hop: Emerging Female Rappers Who’re Bringing In A Freshness To The Genre

While the hip hop culture in India is growing for quite a while, not many female rappers had been there for a long time. Here are a few female rappers who’ve started making a lot of impact in the recent past.

Advertisement