Udayavni Special

Fuel prices hiked; Seventh increase in a row

Petrol by 59 paise per litre diesel by 58 paise

Team Udayavani, Jun 13, 2020, 11:01 AM IST

New Delhi: Petrol price on Saturday was hiked by 59 paise per litre and diesel by 58 paise as oil companies for the seventh day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 75.16 per litre from Rs 74.57, while diesel rates were increased to Rs 73.39 a litre from Rs 72.81, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT. This is the seventh daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In seven hikes, petrol price has gone up by Rs 3.9 per litre and diesel by Rs 4.

The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in the retail rates that was warranted because of a decline in international oil prices

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Modi scalds Mamata, says instead of being ‘Didi’ to people she chose to be ‘bua’ to ‘bhatija’

Ready to take up any responsibility, says Metroman Sreedharan

Karnataka to vaccinate 1.5 lakh people daily from March 8

Karnataka: Kyasanur forest disease under control, says state health dept

Mansukh Hiren death: Maha ATS registers murder case against unidentified persons

PM praises M’luru Dr Padmanabh Kamath’s CAD initiative, thanks him for giving ‘Jan Aushadi – Jan Upyogi’ slogan

Coronavirus nearing ‘endemic’ phase in Delhi, says Health Minister Satyendar Jain




Related Articles More

Modi scalds Mamata, says instead of being ‘Didi’ to people she chose to be ‘bua’ to ‘bhatija’

Ready to take up any responsibility, says Metroman Sreedharan

Mansukh Hiren death: Maha ATS registers murder case against unidentified persons

Janaushadhi Kendras rendered essential services in COVID-19 pandemic: Union Health Minister

Coronavirus nearing ‘endemic’ phase in Delhi, says Health Minister Satyendar Jain

MUST WATCH

Udayavani News Bulletin 7-3-21

Crime File Exclusive :ATM Skimming case

There is nothing with Siddaramaiah, except hypocrisy says DV Sadananda Gowda

Udayavani News Bulletin 6-3-2021

Opposition is conspiring against us: Bhyrathi Basavaraj

Latest Additions

Modi scalds Mamata, says instead of being ‘Didi’ to people she chose to be ‘bua’ to ‘bhatija’

Ready to take up any responsibility, says Metroman Sreedharan

Karnataka to vaccinate 1.5 lakh people daily from March 8

Karnataka: Kyasanur forest disease under control, says state health dept

Mansukh Hiren death: Maha ATS registers murder case against unidentified persons

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.