Petrol price up by Rs 7.62 and diesel Rs 8.28 in 14 days

Petrol and diesel prices continued to rise through the fortnight with the two auto fuels getting dearer by 51 and 61 paise per litre respectively on Saturday.

This is the 14th day of fuel price rise since June 7 when oil companies began the daily price revision mechanism after a hiatus of 83 days during the lockdown.

With the latest increase, petrol is being retailed at Rs 78.88 per litre and diesel at Rs 77.67 a litre in Delhi. This is an increase of Rs 7.62 per litre in the price of petrol since June 7. Similarly, diesel prices have gone up higher by Rs 8.28 per litre during the 24 day period.

Prices of transportation fuel were last revised under the dynamic pricing policy on March 16 and there were few instances of price hike later only when the respective state governments hiked VAT or cess.

(With inputs from agencies)