Petrol costlier, diesel rate cut 1st time in 3 months
IANS (File photo)

Petrol costlier, diesel rate cut 1st time in 3 months

New Delhi, July 12, 2021

Oil marketing companies (OMCs) increased the price of petrol by 28 paise to Rs 101.19 per litre in Delhi but reduced the price of diesel by 16 paise to Rs 89.72 per litre.

Across the country as well, petrol prices increased in the range of 25-35 paise per litre, while diesel prices decreased by 15-20 paise per litre.

The retail prices of petrol and diesel had risen by a sharp 35 paise and 26 paise per litre on Saturday but remained unchanged on Sunday.

In Mumbai, where petrol prices crossed Rs 100-mark for the first time ever on May 29, the fuel price reached a new high of Rs 107.20 per litre on Monday. Diesel price in the city is also at Rs 97.29, the highest among metros.

Petrol prices in all metros have now crossed the Rs 100 per litre-mark and OMC officials said that if international oil prices continued to firm up, prices may rise further.

With Monday's price hike, fuel prices have now increased on 39 days and remained unchanged on 34 days since May 1. The 39 increases have taken up petrol prices by Rs 10.79 per litre in Delhi. Similarly, diesel has increased by Rs 9.15 per litre in the national capital till Sunday.


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