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Fuel Price Hike After 137 days, Cooking Gas To Cost Rs 50 More

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Poking a hole in the pockets of the citizens, prices of fuel and domestic cooking gas were hiked on Tuesday. Fuel prices have surged first time since December.

Petrol and diesel were hiked by 80 paise a litre each, ending an over four and half month hiatus in rate revision.

Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel rates have gone up from Rs 86.67 per litre to Rs 87.47.

Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab.

Meanwhile, domestic cooking gas (LPG) prices have been hiked by Rs 50 per cylinder in line with a spike in international energy prices.

A 14.2-kg non-subsidised LPG cylinder will now cost Rs 949.50 in the national capital.

This is the first increase in LPG rates since early October. Prices have been on a freeze since then despite the cost of raw material spiralling.

Sources said a 5 KG LPG cylinder will now cost Rs 349 while the 10 kg composite bottle will come for Rs 669.

The 19-kg commercial cylinder now costs Rs 2003.50.

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