Petrol and diesel prices on Thursday were hiked by 60 paise per litre each — the fifth straight daily increase in rates since oil PSUs ended an 82-day hiatus in rate revision.
With today’s hike, the cumulative hike in prices nears Rs 3 per litre since Sunday. In five hikes, the petrol price has gone up by Rs 2.74 per litre and diesel by Rs 2.83.
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 fifth 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 five hikes, petrol price has gone up by Rs 2.74 per litre and diesel by Rs 2.83.