Petrol, diesel prices increased 9th day in a row

State-run oil companies hiked petrol and diesel prices for the ninth day in a row, adding to the problems of the public which is dealing with record prices.

The price of petrol was hiked by 30 paise on Tuesday to Rs 84.40 a litre in Mumbai, while diesel was raised by 27 paise to Rs 72.21 a litre. This is in line with rising oil prices.

Oil marketing companies have been daily revising auto fuel prices since June 2017. The latest series of hikes began again on 14 May, after a 19-day freeze in the run-up to the Karnataka elections.

Opposition party leaders and industry experts have requested the government to cut taxes to control petrol and diesel prices.

Experts say that the central government should work with states to bring petroleum products under the Goods and Services Tax regime.

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