Fuel prices rise again as Texas snap keeps crude on boil

Petrol and diesel price continued to rally northward on Thursday, the 10th consecutive day when its retail prices rose across the country. In Sri Ganganagar town in Rajasthan, normal petrol price has shot up over Rs 100 per litre to stand at Rs 100.49 a litre.

The global oil market remained firm and prices of both crude and products saw a big spike, supported by Texas cold snap.

Accordingly, OMCs raised the pump price of petrol by 34 paise and diesel by another 32 paise per litre in Delhi. With this increase, petrol is now priced at Rs 89.88 a litre and diesel Rs 80.27 a litre in the national capital.

In the last 10 days (since February 9), the price has gone up by Rs 2.93 per litre for petrol while diesel rate has risen by Rs 3.14 a litre.