On fifth day of hike, petrol price hits Rs 70 per litre, diesel Rs 64 in Delhi5Photo© hindustantimes.com

On fifth day of hike, petrol price hits Rs 70 per litre, diesel Rs 64 in Delhi

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Petrol price breached the Rs 70 a litre-mark and diesel crossed Rs 64-mark Monday after rates were hiked for the fifth consecutive day on rising input cost.

Petrol price was raised by 38 paise per litre and diesel by 49 paise a litre, according to price notification issued by state-owned oil firms.

In Delhi, petrol now costs Rs 70.13 a litre and diesel is priced at Rs 64.18.

This is the fifth consecutive day of increase in rates and sixth hike this month. Rates on Sunday were increased by 49 paise per litre in case of petrol and 59 paise for diesel. In all, prices have gone up by Rs 1.84 a litre for petrol and by Rs 2.02 for diesel in the new year.