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Petrol price jumps 30 paise/litre on Saturday, diesel price remains unchanged Rajeev Jayaswal © Provided by Hindustan Times Surging international oil rates and the high domestic tax structure are two key reasons for steep rates of petrol and diesel in Indian cities. (HT Photo)
Petrol prices rose by 30 paise per litre on Saturday, the 41st hike in 75 days that made the transport fuel costlier by ₹11.44 a litre since May 4, a day after results of five assembly polls were declared.
The diesel price remains unchanged as it was spared a hike for the third time since July 2 apart from the 16 paise/litre reduction seen on July 12, the first since May 4. However, several hikes in about two-and-a-half months has made Diesel costlier by ₹9.14 per litre since May.