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In five straight hikes, petrol and diesel costlier nearly by Rs 3 per litre

In the national capital, the retail price of both petrol and diesel had increased by 60 paise per litre to Rs 74 and Rs 72.22 per litre respectively on Thursday

The share of diesel variants in passenger cars is receding
premium

The increase in retail price under daily price revision would largely depend on prevailing oil prices and global oil market at the time

IANS New Delhi

Petrol and diesel prices have become more expensive with oil marketing companies raising pump prices by 60 paise per litre on Thursday.

Auto fuel prices have increased five days in a row with petrol prices increasing by Rs 2.74 and diesel by Rs 2.83 per litre since Sunday. In three of the last five days, the prices have risen by a sharp 60 paise per litre while it increased by around 40 and 55 paise per litre on Tuesday and Wednesday.

Sources in oil marketing companies said that price rise could continue for another week or 10 days as global crude prices