Petrol price hits Rs 75 per litre mark, diesel crosses Rs 66


PTI, Dec 9, 2019, 5:04 PM IST

New Delhi: Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year as oil firms raised rates to make up for the rising cost of production.
Petrol price was on Monday hiked by 5 paise per litre and diesel by 10 paise a litre, according to daily price notification of state-owned oil firms.
The increase pushed the price of petrol to Rs 75 per litre in the national capital and that of diesel to Rs 66.04 per litre.
Rates have been on the rise since November 9, barring one day. Cumulatively, the petrol price has been increased by Rs 2.30 per litre in the last month. Diesel prices, however, have been moderate in their movement, hovering in between Rs 65-66 per litre range.
While prices rose in the immediate aftermath of drone attacks on some of Saudi Arabia’s giant onshore fields in mid-September, rising by a cumulative Rs 2.5 per litre in case of petrol in a matter of two weeks, rates had cooled off thereafter, with prices coming down from Rs 74.61 per litre to Rs 72.60 for petrol in Delhi.
However, rates have again been on the rise since November 9, partly because of the rupee-dollar exchange rate.
Diesel prices had hit Rs 67 in the aftermath of the Saudi attack but moderated in the days thereafter.
Petrol and diesel prices are revised daily on the basis of changes in their benchmark international fuel prices and rupee-dollar exchange rate.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Lone tusker spotted on NH-166 near Karkala, disrupts traffic

Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday

Not ‘kaun banega mukhyamantri’ contest; MVA to name CM pick after polls: Jairam Ramesh

Related Articles More

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused

Police rescue 70 cattle after gunfight with cow smugglers in Rajasthan’s Bharatpur

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.