Latest News LIVE: Petrol, diesel prices hiked by nearly a rupee a litre each, 9th increase in 10 days - The Economic Times

Petrol and diesel prices were today hiked by 80 paise a litre each, taking the total increase in rates in 10 days to 6.4 per litre. The price of petrol & diesel in Delhi at Rs 101.81 per litre and Rs 93.07 per litre respectively today.In Mumbai, the petrol & diesel prices per litre at Rs 116.72 & Rs 100.94 (increased by 84 paise)In Chennai, the price of petrol is Rs 107.45 (increased by 76 paise) & diesel is Rs 97.52 (increased by 76 paise) and in Kolkata, the price of petrol is Rs 111.35 (increased by 83 paise) and diesel is Rs 96.22 (increased by 80 paise).The retailers are raising prices to bridge under-recoveries that are estimated to have risen to Rs 20-22 when global benchmark oil, Brent, hit $139 per barrel on March 7.

via Economictimes