For the first time, diesel will cost more than petrol in New Delhi. Oil marketing companies (OMC) hiked the price of diesel by 48 paise per litre to Rs 79.88 even as the price of petrol was at Rs 79.76, not hiked for the first time in 18 days. Price of diesel has traditionally been lower than that of petrol & continues to be lower in other parts of the country. Price of petrol has risen by Rs 8.5/litre & the price of diesel has increased by Rs 10.5 per litre since June 7. OMCs began revising prices of petrol & diesel after an 82-day hiatus during which the international price of crude oil fell to below $20/barrel. Watch the video to know more.
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