Petrol price in the national capital on Friday crossed Rs 80 per litre mark, for the first time in more than two years

New Delhi: Petrol price in the national capital on Friday crossed Rs 80 per litre mark, for the first time in more than two years, as oil companies continue to raise petrol and diesel prices in line with costs.

Oil companies hiked petrol price by 21 paise per litre and diesel by 17 paise a litre, according to a price notification of state oil marketing companies.

Petrol and Diesel

Petrol price in Delhi was hiked to Rs 80.13 per litre from Rs 79.92 while diesel rates were increased to Rs 80.19 a litre from Rs 80.02.

Rates have been increased across the country but it may vary from state to state depending on the incidence of local sales tax or VAT.

Petrol price has crossed Rs 80-mark for the first time in more than two years, while diesel rate is at an all-time high. Petrol had last crossed Rs 80 mark in September 2018.

Petrol and diesel price hikedWhile diesel price has been hiked for the 20th straight day, petrol price has been raised on 19 occasions in less than three weeks.

The cumulative increase since the oil companies started the cycle on June 7 now totals to Rs 8.87 for petrol and Rs 10.8 in diesel.