BUSINESS
Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.
The state-run oil companies on Wednesday raised the prices of diesel for the 18th consecutive day.
No increase was witnessed in petrol prices. With the current price hike, diesel has become costlier than petrol.
While petrol costs Rs 79.76 per litre, diesel can be bought at Rs 79.88 per litre. The price of diesel has been increased by 48 paise a litre.
Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.
On June 23, Fuel prices in Delhi were hiked for the 17th day in a row.
The price of petrol was increased by 20 paise a litre while that of diesel by 63 paise a litre.
(With ANI inputs)
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