Unexpected rise in diesel prices
despite slower demand has put the transport sector at a big disadvantage as rising fuel cost has further shrunk its margins.
With the hikes in diesel prices, the gap between the two auto fuels has further widened in the national capital. Last month, diesel prices overtook that of petrol in Delhi, in an unprecedented development.
Along with the Capital, petrol and diesel prices also remained unchanged in other metro cities as well.
Oil companies began daily revision of the two auto fuels from June 7 after keeping the price unchanged for last 82 days during Covid-19 related lockdown. Since then petrol and diesel prices have increased by Rs 9.5 and Rs 11.5 per litre respectively.