Petrol, Diesel Prices Hiked For The 16th Consecutive Day

Oil companies have continued to hike the petrol and diesel prices for 16 consecutive days and on Monday raised 33 paise on one litre of petrol and 58 paise on one litre of diesel. After the increased prices, a litre of petrol in Delhi is being sold for Rs 79.56, while a litre of diesel has been priced at Rs 78.85. So far in these 16 days, petrol has jumped by Rs 8.30 per litre and diesel by Rs 9.22 per litre.

In addition to Delhi, the price of petrol in Kolkata is Rs 81.27 and the price of diesel has been increased to Rs 74.14 per litre. One litre petrol in Chennai is being sold for Rs 82.87 and diesel for Rs 76.30. Similarly, in Mumbai, petrol is being sold at Rs 86.36 per litre and diesel at Rs 77.24 per litre.

Oil companies have continued to hike petrol and diesel prices since June 6, which the central government keeps ignoring. Even after crude oil reached a record low, it has not had any effect in India. Oil companies are now recovering losses due to the drop in demand for lockdown.