After a significant hike in prices of petrol and diesel for several days, domestic crude oil rate went up on Monday for the third consecutive day. Petrol got costlier by 16 paise per litre while diesel prices jumped by over 17 paise per litre in major cities. After the hike, petrol in Dimapur cost Rs.72.95 a litre and diesel Rs.65.54 per litre.
In the state capital Kohima petrol was priced at Rs.73.73 a litre and diesel Rs. 66.15 per litre. The continuous spike in fuel prices was due to the drone attack on Saudi oil facilities that disabled around 5 per cent of the global supply. Further, the crude oil price hike could be attributed to the Rupee-US dollar exchange rate.