Petrol, diesel prices rise for sixth straight day
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Petrol and diesel prices rose for the sixth day in a row on December 7 as charges went up by 26-30 paise per litre.
Also learn: Petrol, diesel charges contact 2-year excessive after rising for fifth straight day
Petrol worth was hiked by 30 paise per litre and diesel by 26 paise, in line with a worth notification of oil advertising and marketing corporations.
Rates for petrol in Delhi rose to ₹83.71 per litre, from ₹83.41 whereas diesel worth went up from ₹73.61 to ₹73.87 per litre.
This is the sixth straight day of worth hike and the fifteenth improve in charges since November 20, when oil corporations resumed every day worth revision after almost two-month hiatus.
Also learn: Petrol worth at 2-year excessive of ₹83 per litre, diesel at ₹73.32
Rates are actually on the highest degree since September 2018.
In 18 days, the petrol worth has gone up by ₹2.65 per litre and diesel price has risen by ₹3.41.
The price improve follows worldwide oil prices rising by a 3rd from lows in October-end. Brent crude oil is nearing $50 per barrel mark on hopes that COVID vaccines would result in demand restoration.
Also learn: Roll again petrol and diesel prices instantly: Congress
Prior to the November 20 hike in charges in India, petrol prices had been static since September 22 and diesel charges hadn’t modified since October 2.
In Mumbai, petrol worth rose to ₹90.34 per litre from ₹90.05, whereas diesel charges went up from ₹80.23 to ₹80.51.
Rates fluctuate from State to State relying on the incidence of native gross sales tax or VAT.
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