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Petrol price hiked by Rs 3.38 a litre, diesel by Rs 2.67

MUMBAI: Petrol price was on Wednesday hiked by a steep Rs3.38 a litre and diesel by Rs 2.67 a litre, reversing a two-month declining trend.

Published on: Sep 1, 2016, 07:53:58 IST
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MUMBAI: Petrol price was on Wednesday hiked by a steep Rs3.38 a litre and diesel by Rs 2.67 a litre, reversing a two-month declining trend.

HT Image
HT Image

Petrol will cost Rs68.40 a litre in Mumbai from Thursday, up from Rs65.03 a litre. Similarly, a litre of diesel will cost Rs58.48 a litre as against Rs55.58.

The hike in fuel price, necessitated by a 13% rise in international oil rates in the last fortnight, comes on the back of four reductions.

Rates were last cut by Re1 a litre in case of petrol and Rs2 in diesel on August 16.

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