Diesel raised Rs.1.26 a litre, petrol by 83 paise

petrol Price

Petrol price was on Tuesday hiked by 83 paise a litre and diesel by Rs.1.26, both at Delhi and inclusive of local levies, with corresponding increase in other states, this is the second increase in rates this month.

“The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant increase in prices, the impact of which is being passed on to the consumers with this price revision,” IOC said in a release here.

Petrol in Delhi from today will cost Rs 63.02 per litre from, while a litre of diesel will cost Rs 51.67, said Indian Oil Corporation, the country’s largest fuel retailer.

The Indian basket, comprising 73 percent sour-grade Dubai and Oman crudes and the balance in sweet-grade Brent, rose to $45.17 on Friday for a barrel of nearly 160 litres, as per data compiled by the government’s Petroleum Planning and Analysis Cell.

Wefornews Bureau

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