Petrol and Diesel prices in India hiked for second consecutive day
Petrol and diesel prices in India continue to reach new highs as they were hiked for fifth time in July despite a fall in crude oil prices in international markets.
The Petrol price was hiked in Delhi by 35 paise to an all-time high of Rs 100.56 per litre. Likewise, diesel price has been hiked by 0.09 paise from Rs 89.53 to Rs 89.62. In financial capital Mumbai, the petrol and diesel prices stand at Rs 106.59 per litre and Rs 97.18 per litre, respectively.
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Meanwhile, the Brent crude oil futures fell down by 43 cents, or 0.6 percent, at $73 a barrel by 7:22 am on Thursday. Similarly, the US West Texas Intermediate futures were declined by 51 cents, or 0.7 percent, at $71.69 a barrel.
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The state-run oil marketing companies including Bharat Petroleum, Indian Oil, and Hindustan Petroleum align the rates of domestic fuel.
