Delhi: Petrol crosses Rs 77 mark on rising global rates; diesel at Rs 68.50
Retail
selling prices have been firming up since July 30 as international rates inched
up
Current Affairs News:
Petrol
prices have crossed the Rs 77 a litre mark for the first time in two months due
to firming international rates.
Petrol
price in Delhi was on Tuesday hiked by 9 paisa a litre to Rs 77.06 while diesel
rates went up by 6 paisa to Rs 68.50 per litre, according to daily price
notification issued by state-owned oil firms.
Fuel
prices in Delhi are the cheapest in all metros and most state capitals due to
lower sales tax or VAT.
Retail
selling prices have been firming up since July 30 as international rates inched
up. Rates have risen by Rs 0.90 a litre in case of petrol in nine days while
diesel prices have risen by Rs 0.88 per litre.
Petrol
price had touched an all-time high of Rs 78.43 a litre on May 29 and had since
receded. On that day, the diesel price had touched an all-time high of Rs
69.30.
Petrol
was last above the Rs 77-mark on June 9 when it was priced at Rs 77.02 a litre
in Delhi. On that day, diesel was priced at Rs 68.28 per litre.
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