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Petrol, diesel price hiked by 59 and 58 paise per litre. Today's rates

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₹3.90 and diesel by ₹4 per litre since Sunday. All through the week petrol and diesel prices have risen by about 60 paise per litre per day barring Tuesday when the rise was marginally lower at 40 paise per litre.Sources in oil marketing companies said that price rise could continue for few more days as global product prices are firming up with a pick up in demand following opening up of economies across the globe post Covid-19 related lockdown.

Even global crude prices have more than doubled from April levels at close to $40 a barrel level.Also, OMCs are catching up on price levels that bring the product prices closer to international benchmark rates.

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