Petrol price hiked by 82 p per litre, diesel by 61 p/litre
Petrol price hiked by 82 p per litre, diesel by 61 p/litre: The price of petrol was on Sunday hiked by 82 paise per litre while that of diesel was also increased by 61 paise per litre, reversing the declining trend of the past six months. The revised prices will take effect from the midnight of February 15 and February 16 . The hike in fuel prices is the first since August 2014 and follows firming of oil prices in the international market. A litre of petrol in Delhi will cost Rs 57.31 from Monday as against Rs 56.49 until now. Diesel will cost Rs 46.62 per litre as against Rs 46.01 currently, oil companies announced here on Sunday. The prices of petrol and diesel were last revised downwards on February 4 by Rs 2.42 per litre and Rs 2.25 per litre respectively. This decrease in prices was affected on the back of declining international oil prices. Prior to Sunday's increase, petrol price had been cut on ten occasions since August, and diesel six times since October. Even after this...