Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in cost of raw material.
Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87, according to a price notification of state fuel retailers.
In four increases, petrol and diesel prices have gone up by Rs 3.20 a litre.
Prices had not increased since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab, a period during which the cost of raw material (crude oil) soared by about USD 30 per barrel.
The rate revision was expected soon after assembly elections ended on March 10 but it was put off.
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