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Petrol, diesel price likely to be increased further: Report

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NEW DELHI : Consumers are unlikely to get respite from the rising price of auto fuels -- petrol and diesel as oil companies plan to cover their entire gap of around ₹8 per litre on sale of the two petroleum products by raising retail prices daily for at least next two weeks.But the quantum of increase may fall from around 60 paise per litre, giving some respite to consumers in midst of several disruptions due to Covid-19 pandemic.After 83 days break since March 16, oil marketing companies have started raising petrol and diesel prices daily from June 7.

In the nine days since then, petrol prices have risen by ₹5 per litre while diesel prices have gone up by ₹5.23 per litre.Petrol price increased by 48 paise and diesel by 59 paise per litre.

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