Petrol prices up for 2nd straight day check new rates in top cities today

Petrol prices up for 2nd straight day: Check new rates in top cities today

Petrol prices up for 2nd straight day: Check new rates in top cities today on Business Standard. On Thursday, petrol prices were increased by 16 paise per litre to be priced at Rs 75.71 in Delhi

Latest News Petrol prices were raised for the second day in a row on Friday. After a hike of around 14 paise, petrol is now being sold at Rs 75.85 per litre in Delhi.In other major cities - Mumbai, Kolkata and Chennai - petrol is now priced at Rs. 83.24, Rs. 78.53, and Rs. 78.72 per litre respectively.

On Thursday, petrol prices were hiked for the first time in more than a month on the back of rising rates and weakening rupee.The 16 paise a litre hike in petrol came after 8-day self-imposed hiatus in rate revisions by state-oil firms in anticipation of softening international rates due to OPEC decision to raise output by 1 million barrels per day.

State-owned oil firms, who had in mid-June last year dumped 15-year practice of revising rates on 1st and 16th of every month in favour of daily price revisions, had last changed prices on June 26 when petrol price was cut by 14 paise and diesel by 10 paise.

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