In Delhi, where the diesel costs more than petrol, both the fuels are now priced above ₹80
For the 21th consecutive day today, diesel price was hiked by 21 paise a litre. Petrol price too has gone up by 25 paise a litre. In the current phase of rate hike, petrol has gone up by ₹9.12 a litre while that of diesel has gone by a higher margin of ₹11.01 a litre.
In Delhi, where the diesel costs more than petrol, both the fuels are now priced above ₹80. While petrol is selling at 19-month high level, diesel is at all-time high level.
Rates differ from state to state depending on the incidence of value-added tax (VAT).
Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.
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