New Delhi (NVI): Prices of petrol and diesel were hiked for the third consecutive day, after Public Sector oil companies got back to daily revision of fuel prices after keeping them unchanged for a gap of 82 days.
In the national capital, Delhi, petrol prices rose by 54 paise to Rs 73 per litre, while diesel was raised by 58 paise to Rs 71.17, according to the data by Indian Oil Corporation (IOC).
This is the third consecutive increase in the daily prices of the key auto fuels by the key state-owned oil marketing companies (OMCs). So far in Delhi, the price of petrol has risen by Rs 1.74 per litre while prices of diesel has gone up by Rs 1.78 litre during the last three days.
Reportedly, in Mumbai, a litre of petrol today costs Rs 80.01, while diesel is retailing at 69.92 per litre. Likewise in Kolkata, petrol is retailing at 74.98, while diesel is at Rs 67.23 and in Chennai, petrol price is selling at Rs 77.08 and diesel is at Rs 69.74, according to the IOC data.
Oil PSUs – Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL)- had suspended daily price revisions and retail rates were frozen on March 16 soon after the government on March 14, hiked excise duty on petrol and diesel by Rs 3 per litre each.
