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Petrol price remains unchanged, diesel hiked by 15 paise

09:42 AM Jul 25, 2020 | FPJ Web Desk

Diesel prices were hiked by 15 paise per litre, while petrol rates remained unchanged on Saturday.

In Delhi, petrol remained unchanged today at Rs 80.43 per litre while diesel price went up 15 paise to Rs 81.79 per litre. In Mumbai, the price of petrol is Rs 87.19 a litre and that of diesel Rs 79.97 per litre. In Kolkata, while petrol price remained unchanged at Rs 82.10 per litre, diesel was retailing at Rs 76.91 per litre. In Chennai, petrol price remained unchanged at Rs 83.63 a litre, while diesel was retailing at Rs 78.73 per litre.

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With the hike in diesel prices, the gap between the two auto fuels has further widened in the national capital. Last month, diesel prices overtook that of petrol in the national capital, in an unprecedented development.

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Unexpected rise in diesel prices despite slower demand has put the transport sector at a big disadvantage as rising fuel cost has further shrunk its margins.

Oil companies began daily revision of the two auto fuels from a June 7 after keeping the price unchanged for previous 82 days during Covid-19 related lockdown. Since then petrol and diesel prices have increased by Rs 9.5 - Rs 12 per litre respectively.

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