OIL & GAS

Diesel price nudges Rs 80 & petrol Rs 87 in Mumbai

Fuel prices rose for the 19th day in a row in the city, with diesel rates inching close to Rs 80 a litre at Rs 78.51 and petrol at Rs 86.91.

Diesel prices have risen over Rs 12 this month, which is a cause for concern for transporters who said they may be compelled to hike freight charges on transportation, which could increase the cost of essential commodities in the coming days. “We are waiting for the Centre to give us relief in taxes as this will lower diesel prices. It will help transporters not incur huge losses,” said a leading transporter.

Source
ET Energy World
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