Diesel Price Hiked For 18th Consecutive Day; Costlier Than Petrol For First Time In Delhi

Diesel’s price increased for 18th day in a row in the national capital. It now retails at Rs 79.88 per litre

Jessica David

June 24, 2020

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For the first time in Delhi, diesel has become costlier than petrol. For the 18th day in a row, state-run oil companies, on Wednesday, raised prices of diesel. However, no increase was witnessed in petrol prices. While petrol costs Rs 79.76 per litre, diesel can be bought at Rs 79.88 a litre. The price of diesel has been increased by 48 paise a litre. Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic.

On June 23, fuel prices were raised by the oil marketing companies for the 17th consecutive day. Petrol and diesel were retailing at Rs 79.76 and Rs 79.40 per litre, respectively, in the national capital. The price of petrol was increased by 20 paise a litre while that of diesel by 55 paise per litre. These firms, on June 7, restarted revising prices in line with costs.

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