TIWN
New Delhi, July 25 (TIWN) Oil marketing companies on Saturday raised diesel prices by 15 paisa/litre as OMCs revised pump prices. This rise in price came after the prices were held steady for sometime.
Oil companies had raised diesel prices marginally by 12 paise on Monday but thereafter the prices of the two petroleum products remained unchanged for next four days till Friday. Also Read - 'Going Through Tough Time Due to COVID': Petroleum Minister Says Fuel Price Rise Due to Pandemic 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. The price of diesel in capital has also put automobile companies concerned about the prospect of the sale of diesel-run cars in the country’s largest car market. With the hike 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.
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