New Delhi: Petrol and diesel prices were hiked again by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre.
In Delhi, petrol is now being sold at Rs 104.61 per litre while diesel prices are at Rs 95.87 per litre, according to the notification by fuel retailers.
The latest hike has taken the overall increase since the ending of a four-and-half-month long hiatus in rate revision to Rs 9.2 per litre.
According to a media report, On Monday, crude oil prices rose by Rs 34 to Rs 7,593 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 34 or 0.45 percent to Rs 7,593 per barrel in 4,117 lots.
Yesterday Indraprastha Gas Limited (IGL) announced a Rs 2.5 per kg hike in the price of Compressed Natural Gas. With the new price that will come into effect from April 4, CNG will now cost Rs 64.11 per kg in the national capital.
(Vinayak)
