State run oil marketing companies on Monday raised petrol and diesel prices by 17 paise and 21 paise per litre respectively. Photo: Pradeep Gaur/MintNew Delhi: State-run oil marketing companies on Monday raised petrol and diesel prices by 17 paise and 21 paise per litre respectively, after retail automobile fuel prices remained unchanged since 24 April. Diesel prices on 14 May reached Rs66.14 per litre in Delhi, a record high. On 24 April, diesel prices had reached Rs65.93 per litre in Delhi, with petrol prices also peaking to Rs74.63 per litre. Retail prices of petrol and diesel in India track the global prices of these auto fuels, not crude, although they are broadly linked to crude oil price trends, which have firmed up.

Source: Mint May 14, 2018 04:30 UTC