Hyderabad is now the second costliest metropolitan city for petrol in the country with petrol and diesel prices shooting up at least Rs.2 in just two weeks.
Dealers say the fuel prices could further go up by another Rs 5 in the next 10 days due to the increase in global oil prices following the crisis in the Saudi Arabian crude oil sector.
On
Monday, the price of petrol was fixed at Rs 78.39 a litre while that of diesel stood at Rs 72.79. The price difference between petrol and diesel is the least so far with Rs 5.6 per litre. Earlier, there used to be a difference of around Rs 25 to Rs 30. The petrol prices in Hyderabad are second only to those in Mumbai among metropolitan cities.