New Delhi: Petrol and diesel prices have increased by 60 paise per liter for the second consecutive day on Monday. Public sector oil companies have resumed daily review of prices after a gap of 83 days. According to a notification by the public sector oil marketing companies, the price of petrol in Delhi increased from Rs 71.86 to Rs 72.46 per liter on Monday, while the price of diesel has been increased from Rs 69.99 to Rs 70.59 per liter.

Earlier on Sunday, oil companies, after reviewing the prices after a gap of 83 days, increased it by 60 paise per liter. In this way, prices have increased for the second consecutive day. Giving information, an oil company official said that the daily price revision has started again. Although oil companies were regularly reviewing ATF and LPG prices, there was no revision in petrol and diesel prices from 16 March.

In order to take advantage of the fall in crude oil prices in the international market, the government had increased the excise duty on petrol and diesel by three rupees per liter, after which the price review was stopped. After this, on May 6, the government once again increased the excise duty by Rs 10 per liter on petrol and Rs 13 per liter in diesel, after which the prices have increased again.

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