Home Auto News Oil & Lubes Diesel costlier as oil firms push pump prices, petrol remains steady

Diesel costlier as oil firms push pump prices, petrol remains steady

New Delhi: Oil advertising and marketing firms on Saturday raised diesel costs by 15 paisa/litre as OMCs revised pump costs. This rise in price got here after the costs have been held steady for someday.

While the price of diesel was at Rs 81.79 per litre within the capital, petrol was steady at Rs 80.43 a litre. Petrol costs have stay unchanged since June 29.

Oil firms had raised diesel costs marginally by 12 paise on Monday however thereafter the costs of the 2 petroleum merchandise remained unchanged for subsequent 4 days until Friday.

Unexpected rise in diesel costs regardless of slower demand has put the transport sector at an enormous drawback as rising gas price has additional shrunk its margins. The price of diesel in capital has additionally put car firms involved in regards to the prospect of the sale of diesel-run vehicles within the nation’s largest automobile market.

With the hike in diesel costs, the hole between the 2 auto fuels has additional widened within the nationwide capital. Last month, diesel costs overtook that of petrol in Delhi in an unprecedented improvement.

In Mumbai, Chennai and Kolkata, petrol was bought at an unchanged price of Rs 87.19, Rs 83.63, Rs 82.10 per litre, respectively, whereas diesel costs elevated marginally.

Oil firms started every day revision of the 2 auto fuels from June 7 after protecting the price unchanged for round 82 days throughout the lockdown. Since then petrol and diesel costs have elevated by Rs 9.5 and Rs 12 per litre, respectively.

CNG price hiked in Mumbai by Rs 1 per kg; auto, taxi and buses to be hit

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