Petrol, diesel prices hiked again. Check today’s rates in top cities

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Prior to these hikes, rates had cooled to a year low of Rs 68.29 for petrol and Rs 62.16 in case of diesel.

In Delhi, petrol now costs Rs 70.13 a litre and diesel is priced at Rs 64.18.

The fuel prices have increased for the fourth consecutive day on Sunday, thanks to volatile crude oil prices.

Diesel, on the other hand, costs Rs 63.69 in Delhi, Rs 66.66 in Mumbai, Rs 65.78 in Bangalore, Rs 65.46 in Chennai and Rs 67.26 in Kolkata.

But the AA again highlighted that the excessive tax placed on both petrol and diesel means motorists are still paying more than they should be for their fuel. This followed a decline in rates on nearly all days since October 18, 2018.

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The AA said the average cost of a litre of petrol is 132.9 cent - the lowest level since August 2017 - and down from 136.9 cent in December 2018.

The sudden rise in fuel prices since yesterday is an indication that oil prices may be hiked further if global crude oil prices continue to maintain its good run.

Petrol and diesel prices on Monday (January 14) were hiked steeply by major oil PSUs as global crude oil prices continued to maintain positive momentum despite marginal losses.

Diesel prices shot up in some cities with Hyderabad (Rs 69.77/litre) topping the list in terms of price, followed by Trivandrum (Rs 69.21/litre).

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