
Petrol and diesel prices were hiked by 90 paise per litre on Tuesday in a second increase in less than a week. Last week, the government increased the fuel prices by Rs 3 per litre as the state-oil marketing companies (OMCs) were bearing a loss of Rs 1,000 crore per month, according to the Centre.
After the fresh hike, the petrol price in Delhi now stands at Rs 98.64 a litre, up from Rs 97.77 per litre in Delhi. Diesel now costs Rs 91.58 a litre against a previous price of Rs 90.67, reported news agency PTI. The latest revision comes days after fuel prices were raised by Rs 3 per litre on Friday.