Petrol price raised by 87 paise, diesel by 91 paise; third hike in 10 days
Petrol and diesel prices were hiked again across India on Saturday, with petrol increasing by Rs 0.87 per litre and diesel by Rs 0.91 per
Petrol and diesel prices were hiked again across India on Saturday, with petrol increasing by Rs 0.87 per litre and diesel by Rs 0.91 per litre. This marks the third upward revision in retail fuel rates this month amid sustained pressure from rising global crude oil prices and geopolitical tensions in West Asia. In Delhi, petrol prices were raised by 87 paise per litre, increasing from Rs 98.64 to Rs 99.51, while diesel prices went up by 91 paise from Rs 91.58 to Rs 92.49 per litre.
The hike comes a day after the Ministry of Petroleum and Natural Gas had assured that, despite rumours, India has adequate petrol and diesel supplies. Read Full Story "India has adequate availability of petrol and diesel supplies across the country continue to remain stable. Citizens are advised to avoid panic buying and purchase fuel only as per actual requirement. Temporary pressure at some retail outlets is being addressed through continuous supply monitoring and coordinated distribution efforts by Oil Marketing Companies," read a tweet by the ministry.
It also further added that responsible consumption and public cooperation will help ensure smooth fuel availability for everyone during the ongoing high-demand period. On May 16, India saw a significant rise in its fuel prices after the state-run oil companies revised them, raising petrol and diesel rates by around Rs 3 per litre in several cities. Following this, the prices again saw a 90 paise increase in all metros on May 19.
This is a developing story. It will be updated. Ends
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