The oil marketing companies increased fuel prices on Monday after keeping them unchanged for 2 days. The petrol price was raised by 23-36 paise and diesel by 31-35 paise per litre across cities.
Accordingly, the price of petrol and diesel increased to Rs 91.53 and Rs 82.06 per litre in the national capital, as per Indian Oil Corporation, the country's largest fuel retailer. In Mumbai, the petrol price changed to Rs 97.86 per litre on Monday. The cost of diesel advanced to Rs 89.17 a litre.
The prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis and any revision is implemented from 6 am in the morning. The fuel prices vary from state to state in the country due to the value-added tax or VAT.
Globally, oil prices jumped on Monday after a cyber attack on a US pipeline operator unnerved markets, according to news agency Reuters.
First Published: IST