Petrol price hiked to Rs 73.73 per litre, fuel hits 4 year high
Petrol price in Delhi has jumped to Rs 73.73 a litre. The last time it reached these levels was in September 14, 2014 when tariffs had gone as high as Rs 76.06. Perhaps aware of the direction that fuel rates were likely to take in the near term, the Oil Ministry earlier in 2018 sought a cut in excise duty on petrol and thereby cushion the impact of rising international oil rates.
Petrol price in Delhi has jumped to Rs 73.73 a litre. The last time it reached these levels was in September 14, 2014 when tariffs had gone as high as Rs 76.06. Image source: Reuters