Diesel and Petrol Prices rise for the 20th Consecutive Day

Diesel-petrol prices continued to rise for the 20th consecutive day amid a slight rise in crude oil prices. In Delhi on Friday, the price of petrol also crossed Rs 80, while diesel had gone above Rs 80 a day earlier.
Image Credit: National Herald
Image Credit: National Herald

In the national capital, today, the price of both Petrol and Diesel price today crossed Rs 80. However, there was a slight rise in Crude oil price in the international market yesterday. Today is the 20th consecutive day, while the price of diesel has increased.

Image Credit: Firstpost
Image Credit: Firstpost

On this day, where diesel became expensive by 17 paise, the price of petrol has increased by 21 paise. In the last 20 days, the price of diesel has increased by Rs 10.79 per litre while petrol has also become costlier by Rs 8.87.

Diesel prices rise for the 20th consecutive day

Image Credit: Business Standard
Image Credit: Business Standard

On Friday, 26 June, government oil companies raised fuel prices. Petrol price in Delhi went up by 21 paise to Rs 80.13 from yesterday's Rs 79.92. Earlier on 28 October 2018, the price of petrol in Delhi was Rs 80.05 per litre while the price of crude oil was around $ 81 per barrel at that time. Right now it is half of this. Diesel also jumped 17 paise to Rs 80.19. Diesel price reached Rs 80.02 yesterday. Delhi is the first state in the country where diesel is costlier than petrol.

Why Diesel and Petrol price hiked?

Image Credit: Sirf News
Image Credit: Sirf News

In the international market, for most of the last 20 days, the prices of crude oil remained soft, but in the domestic market, its prices are continuously increasing. Currently, the price of Indian basket crude oil is hovering around $ 42 per barrel. But the prices of petrol and diesel have not decreased accordingly. The effect of this is that the price of diesel has increased by Rs 10.79 per litre in the last 20 days. Petrol price also rises by Rs 8.87 per litre these days.

Know today's expressions in your city

Petrol-diesel prices change daily and are updated at 6 am. You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by writing RSP to 9224992249 and BPCL consumers can write to RSP by 9223112222. At the same time, HPCL consumers can know the price by writing to HPPrice and sending it to number 9222201122.

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