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Prices Increase: Petrol and diesel prices increased for the second consecutive day

New Delhi | Petrol and diesel costs have been hiked by 80 paise per liter on Wednesday for the second consecutive day. As per the worth notification of Delhi gasoline retailers, the worth of petrol within the nationwide capital will now be Rs 97.01 per liter as towards Rs 96.21 per liter earlier. On the similar time, the worth of diesel has elevated from Rs 87.47 per liter to Rs 88.27.

After a file 137 days, the worth was elevated by 80 paise per liter on March 22. In states like Uttar Pradesh and Punjab, costs have been secure since November 4, forward of the meeting elections, whereas the worth of crude (crude oil) throughout this era was $30 a barrel. Oil firms at the moment are making up for the losses.

In keeping with Crisil Research, a hike of Rs 15-20 per liter in charges is required to completely overcome the rise in worldwide oil costs. India is 85 per cent depending on imports to fulfill its oil necessities.

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