Diesel price hiked by Rs 25 - Diesel Price Increased by Rs 25 per litre for Bulk Customers

According to sources, the price of diesel sold to bulk buyers has been increased by about Rs 25 per liter in line with the nearly 40 per cent increase in international crude oil prices, but there is no change in retail rates at petrol pumps.

Petrol pump sales jumped five times this month as bus fleet operators and wholesale users like malls flocked to petrol pumps to buy fuel instead of the usual practice of placing orders directly to oil companies, leading to losses for retailers.

Diesel costs Rs 86.67 per liter at petrol pumps in Delhi, but it costs around Rs 115 for bulk or industrial users. Explain that PSU oil companies have not increased the retail prices of petrol and diesel with effect from November 4, 2021, despite the increase in global oil and fuel prices.