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Fuel prices hiked for 4th straight day by 28-31 paise/ltr; Petrol at Rs 102-mark in Rajasthan, MP

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Petrol and diesel prices in the country rose again sharply by 28 paise and 31 paise per litre respectively, on Friday as Oil Marketing Companies (OMCs) continued to cover for their losses on holding back price rise for the past 18 days due to state elections. With this hike, Petrol price scaled to Rs 102 per litre in some parts of Rajasthan and Madhya Pradesh after rates were raised for the fourth straight day after ending of more than a two-week-long hiatus during assembly elections in states like West Bengal. 

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