petrol

NEW DELHI: Petrol and diesel prices were hiked for the 13th straight day on Thursday after an 82-day break from rate revision amidst the novel coronavirus pandemic. In Delhi, petrol will cost 56 paise more per litre at Rs 78.37, while diesel will be costlier by 63 paise at Rs 77.06 per litre.

The price of petrol was increased by 56 paise per litre in Delhi, and diesel by 63 paise per litre, compared to the previous day. While the price of petrol was revised to Rs 78.37 per litre in the national capital from Rs 77.81 per litre the previous day, the diesel rate was increased to Rs 77.06 per litre from Rs 76.43 per litre, according to notifications from state-run Indian Oil Corporation, the country's largest fuel retailer.

In the thirteen hikes, petrol price has gone up by Rs 7.11 per litre and diesel by Rs 7.67 a litre.

The prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis and any revision is implemented from 6 am in the morning.

Globally, crude oil prices rose on Thursday as worries about fuel demand in light of rising coronavirus cases were offset by data showing lower US inventories of gasoline and distillates, indicating higher demand.