Diesel Price Hiked by Rs. 4 in a Week, Price of Petrol Crossed Rs. 75 in Delhi

Petrol and diesel prices may rise further in the next few days, as oil companies will try to make up for their losses
Image Credit: New Indian Express
Image Credit: New Indian Express

Unlock-1 is going on in India amid Corona crisis and in this period, oil companies are continuously increasing the prices of petrol and diesel. On Saturday, the price of petrol in the country's capital, Delhi increased by Rs 0.59 to Rs 75.16 per liter, at the same time, the price of diesel has increased by Rs 0.58 and it is at Rs 73.39 per liter now.

Apart from Delhi, petrol in Kolkata was priced at Rs 77.05 on Saturday, while diesel has been priced at Rs 69.23 per liter. In Mumbai, petrol is priced at Rs 82.10 per liter, while diesel is priced at Rs 72.03 per liter. Apart from this, the price of diesel in Chennai has been increased to Rs 71.64 per liter and the price of petrol to Rs 78.99 per liter. Let us tell you that petrol has become expensive by Rs 3.90 in just one week and at the same time, if we talk about diesel, then its price has increased by four rupees.

Image Credit: News Nation
Image Credit: News Nation

REASON FOR INCREASE IN PRICE

There are many reasons for the increase in the price of petrol and diesel. Actually, the demand for crude oil has increased due to the lockdown opening in many countries, and in this situation, crude oil prices have started to strengthen and the rupee depreciation continues against the dollar.

Image Credit: The Better India
Image Credit: The Better India

PETROL AND DIESEL PRICE MAY RISE FURTHER

At the same time, petroleum companies in India have started putting their burden on the customers while protecting themselves from losses. Petrol and diesel prices may rise further in the next few days, as oil companies will try to make up for their losses. Let us tell you that the transportation was completely stalled in the midst of lockdown, so the sale of petrol and diesel was almost at a standstill, and due to this, the oil companies have suffered a lot.

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