New Delhi:Unexpected rise in diesel prices despite slower demand has put the transport sector at a big disadvantage as rising fuel cost has further shrunk its margins.
With 11 paise hike in diesel price in New Delhi on Monday while petrol prices remained steady, the gap between the two auto fuels has further widened in the national capital. Last month, diesel prices overtook that of petrol in the national capital in an unprecedented development.
Diesel was priced at Rs 81.05 per litre on Monday in the capital, higher than the previous level of Rs 80.94 a litre. Petrol prices, however, remained unchanged at Rs 80.43 a litre, the same level as June 29 when it's pump price rose marginally by five paise over previous days price.