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MixIndia > Blog > News > June 12: No stop for oil price hike: Increased for sixth consecutive day
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June 12: No stop for oil price hike: Increased for sixth consecutive day

Abin K Surendran
June 12, 2020 10:09 am 10:09 am
Abin K Surendran
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It seems like the oil prices in the country is not in a mood to slow down its pace. Oil prices in the country have increased for yet another day, marking the sixth consecutive hike in June. Oil prices in India have been increased in the country for a fifth consecutive day. Accordingly, the price of petrol has been increased by 57 paisa per liter, while diesel prices have been hiked by 59 paisa per liter. With this, the petrol price in the country has managed to get increased by Rs. 3.32 in six days, while that of diesel got increased by Rs. 3.29 during the same period.

Despite the Crud price marking a dip, the oil prices in the country continues to spike. It was on 7th June, which the oil prices in the country got increased after a gap of more than 80 days, since a nationwide lockdown was announced. It must also be said that, compared to the previous month, the fuel demand in the country has increased by nearly 50 percent in May.

The revised price of oil in Kochi,

Petrol: 74.98

Diesel: 69.28

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ByAbin K Surendran
Co-Founder/Editor/Journalist at Mixindia | abinks@www.mixindia.com
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