NEW DELHI: Petrol prices breached the Rs 100-a-litre-mark in the capital on Monday after state-owned oil companies effected the fourth hike in retail fuel rates in 11 days, raising petrol prices by another Rs 2.61 to Rs 102.12 a litre to cut losses from selling auto fuels below market cost. Petrol price was last past Rs 100 in Oct 2021, when it had breached Rs 106.

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third…

This is the third increase this month. Prices have risen by almost ₹5 per litre in just over a week. | India News

India relies on imports for nearly 85% of its crude oil requirements, making domestic fuel prices vulnerable to fluctuations in global markets