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Petrol, diesel price up 80 paise a litre; Rs 50 hike in LPG rates

08:09 AM Mar 22, 2022 | PTI |

New Delhi: Petrol and diesel prices on Tuesday were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four and half month election-related hiatus in rate revision, sources said.

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Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel rates have gone up from Rs 86.67 per litre to Rs 87.47.

A 14.2-kg non-subsidised LPG cylinder will now cost Rs 949.50 in the national capital.

While LPG rates were last revised on October 6, petrol and diesel prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab.

Prices have been on a freeze since then despite the cost of raw material spiralling. International oil prices were around USD 81-82 a barrel in early November as against USD 114 now.

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Sources said a 5 KG LPG cylinder will now cost Rs 349 while the 10 kg composite bottle will come for Rs 669.

The 19-kg commercial cylinder now costs Rs 2003.50.

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