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Petrol tops Rs 100 in Delhi after 80 paise hike

NEW DELHI: Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre. Diesel price was hiked by 70 paise. This takes the total increase in rates in one week to Rs 4.80 per litre.
Petrol in Delhi will now cost Rs 100.21 per litre as against Rs 99.41 previously. Diesel rates have increased from Rs 90.77 per litre to Rs 91.47, according to a price notification of state fuel retailers.
Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.
This is the seventh increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. In all, petrol and diesel prices have gone up by Rs 4.80 per litre.
There had been a pause in the revision of fuel prices since November last year which was broken towards the end of March after crude oil prices rose. Experts expect prices to continue increasing.
India is 85 per cent dependent on imports to meet its oil requirements.
(With inputs from agencies)




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