Spike in fuel price continues, Petrol price goes up 30 paise, Diesel rises 40 paise

Petrol prices in Delhi breached Rs 79 a litre on Monday, continuing a rising streak in prices across metros. At Rs 79.15 a litre in the national capital, the price of petrol hit a fresh record high on Monday, more than 31 paise over Sunday’s price of Rs 78.84. Under the dynamic pricing system for transport fuels, the Indian Oil Corporation (IOC) revises fuel prices based on global crude oil prices every day at 6 am. In Mumbai, Kolkata and Chennai, petrol prices went up by in the range of…

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