Fuel costs hiked: Fourth rise in 5 days

Petrol and diesel costs have been hiked by 80 paise a litre every on Saturday, the fourth enhance in 5 days as oil companies handed on to shoppers the spike in value of uncooked materials.

Petrol in Delhi will now value Rs 98.61 per litre as towards Rs 97.81 beforehand whereas diesel charges have gone up from Rs 89.07 per litre to Rs 89.87, in accordance with a worth notification of state gas retailers.

All the 4 will increase because the ending of a four-and-half-month lengthy hiatus in fee revision on March 22, have been of 80 paise a litre. These enhance will increase are the steepest single-day rise because the each day worth revision was began in June 2017.

In 4 will increase, petrol and diesel costs have gone up by Rs 3.20 a litre. Prices had been on a freeze since November 4 forward of the meeting elections in states like Uttar Pradesh and Punjab — a interval throughout which the price of uncooked materials (crude oil) soared by about $30 per barrel.

WITH PTI