Petrol, diesel prices hiked again within a week by nearly 90 paise a litre
India, May 19 -- Petrol and diesel rates were increased across key metro cities again on Tuesday. State-run oil marketing companies revised prices upward for the second time in less than a week. In Delhi, petrol became costlier by Rs.0.87 per litre, while diesel rose by Rs.0.91 per litre.
The latest revision follows an increase of Rs.3 per litre each in both fuels last week.
Despite the previous increase, oil marketing companies were still incurring losses of around Rs.750 crore per day on the sale of petrol, diesel, and liquefied petroleum gas (LPG), according to an oil ministry official.
Published by HT Digital Content Services with permission from Hindustan Times....
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