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India announces second fuel price hike in a week, local media reports

May 19 (Reuters) - India hiked petrol and diesel prices by around 0.9 rupees ($0.0093) per litre on Tuesday, local media reported, in what would be the country's second fuel price hike in a week.

The price of petrol was hiked to 98.64 rupees a litre from 97.77 rupees in Delhi while diesel was increased to 91.58 rupees a litre from 90.67 rupees, media reported.

Last Friday, India raised petrol and diesel prices for the first time in four years by 3 rupees per litre to recoup some of the losses incurred due to higher global crude oil prices.

($1 = 96.3450 Indian rupees)

 (Reporting by Chris Thomas in Mexico City)

 ((chris.thomas@thomsonreuters.com;))

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