Fuel Price Hiked for Sixth Day in a Row

Petrolprice on Friday was hiked by 57 paise per litre and diesel by 59 paise a litreas oil companies adjusted retail rates – the sixth straight day of increase inrates since oil firms ended an 82-day hiatus of rate revision.

Petrol price in Delhi was hiked to Rs 74.57 per litre from Rs 74, while diesel rates were increased to Rs 72.81 a litre from Rs 72.22, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or value-added tax. This is the sixth consecutive daily increase in rates since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In six hikes, the petrol price has gone up by Rs 3.31 per litre and diesel by Rs 3.42.