Diesel prices up again, petrol static

DIMAPUR, JUL 26 (NPN) | Publish Date: 7/26/2020 12:26:45 PM IST

Diesel price on Sunday was hiked by 15 paise per litre, according to a price notification of state-owned oil marketing companies. This took the retail selling price in the national capital to the highest ever rate of Rs 81.94 per litre.

Meanwhile, in Dimapur the price of diesel cost Rs. 79.41 a litre while in the state capital Kohima a litre of diesel cost Rs. 80.08.

However, rates vary from state to state depending on the incidence of local sales tax or VAT.

This is the second consecutive day of price increase. Rates were hiked by 15 paise on Saturday. The price increase on Saturday came after a four-day hiatus in rate revision.

Prices of petrol have remained static for almost four weeks. Petrol rates were last changed on June 29.

Prior to hitting the freeze button, petrol price had been increased on 21 occasions since the oil companies reverted to daily price revision on June 7.

Diesel rates have continued to be revised sporadically in July. The cumulative increase in diesel price since June 7 now totals Rs 12.55 per litre.

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