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Petrol, diesel prices raised by ₹2.61-2.71; hikes top ₹7.5/litre within two weeks
Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks, as state-owned firms continued to pass on rising international prices to consumers.
TL;DRAI
India's state-owned oil firms raised petrol and diesel prices by ₹2.61–2.71/litre on Monday, the fourth hike in under two weeks, bringing cumulative increases to ~₹7.5/litre since May 15. Rising global crude costs and a weakening rupee are squeezing import margins for oil marketing companies, signaling sustained inflationary pressure on energy-intensive supply chains and logistics budgets across the region.
197 words~1 min read
