The country has witnessed the 20th consecutive day of oil price hike. Both petrol and diesel prices were hiked and the price of diesel has risen by 17 paisa, whereas that of petrol has met with an increase of 21 paisa. With this, diesel marked an increase of Rs. 10.21 paisa during the last 20 days, whereas petrol did increase by Rs. 8.93 during the same period.
Ever since the oil prices in the country started getting increased from June 7 onwards, the price of oil never took a dip, with the exception of June 24th, when the price of petrol remained unchanged, whereas diesel continued its hike. It was form June 2017 onwards, which the Oil Marketing Companies in India gained the control over the price of oil.
The revised price of oil in Kochi,
Petrol: 80.29
Diesel: 75.92