Fifth consecutive hike in price of petrol, diesel in the country.

Petrol and diesel prices have again been increased today - the fifth time in a row, sending fuel prices to a new high.

Today, oil marketing companies have increased petrol and disel prices by 35 paise per litre. With this petrol prices in Delhi reached to Rs 109.34 per litre while diesel is now retailing at Rs 98.07 per litre in the national capital.

Petrol and diesel prices, which differ from state to state depending on the incidence of value-added tax, are rising in India ever since the Organisation of the Petroleum Exporting Countries (OPEC) decided against increasing the output of benchmark Brent crude.

Meanwhile, the Central government is in talks with several oil-exporting countries on the issue of supply and demand of oils but there is no possibility of immediate relief in prices.