NEW DELHI: Petrol price touched all-time high of Rs 85.36 per litre in Kochi after petrol and diesel prices were hiked by 25 and 27 paise per litre respectively by the oil marketing companies. This the third straight hike in January. Diesel price in Kochi now stands at Rs 79.51 per litre.
The Union Petroleum Minister Dharmendra Pradhan said the inflation has come about owing to lowered production levels in oil because of pandemic conditions.
