Petrol, diesel prices witness uptick in Delhi, Mumbai

Petrol Price

New Delhi, Jan 12: Fuel prices hiked for the fourth consecutive day on Saturday.

In the national capital, petrol and diesel are being sold at Rs 69.26 and Rs 63.10 per litre, respectively.

While petrol price witnessed an increase of 19 paise, diesel has gotten costlier by 29 paise.

In Mumbai, petrol and diesel retailing at Rs 74.91 and Rs 66.04 per litre respectively with an increase of 10 paise and 31 paise, respectively.

The latest hike comes after crude oil rates climbed up on Thursday, supported by comments from the US Federal Reserve chairman, but gains were capped as optimism surrounding US-China trade talks faded.

Earlier, Petroleum and Natural Gas Minister Dharmendra Pradhan had stated that the increase in the prices of fuels in the country was due to the depreciation in the value of the Indian currency against the dollar.

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