Petrol, diesel prices hiked

Petrol price was on Sunday hiked by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months. Petrol and diesel price hike, which is effective from midnight tonight, is the first increase since August 2014 and follows firming of oil prices in the international market. A litre of petrol in Delhi will cost Rs 57.31 from tomorrow as against Rs 56.49 currently while diesel will cost Rs 46.62 per litre as against Rs 46.01 at present, oil companies announced here on Sunday Prices of petrol and diesel were last revised downwards on February 4 by Rs 2.42 per litre and Rs 2.25 per litre respectively. This decrease in prices was effected on the back of declining international oil prices. Prior to today’s increase, petrol price had been cut on 10 occasion since August and diesel six times since 

October.