Transport fuel rates from Tuesday, Petrol hiked by 2.19 a litre and diesel by 98 paise per litre — both at Delhi, with corresponding increase in other states.
Petrol per litre now costs Rs.61.87 in Delhi, Rs.65.48 in Kolkata, Rs.67.96 in Mumbai and Rs.61.32 in Chennai.
Similarly, The price of diesel per litre is Rs.49.31 in Delhi, Rs.51.58 in Kolkata, Rs.56.09 in Mumbai and Rs.50.09 in Chennai.
The latest increase follows a stiffer hike of Rs.3.07 a litre on petrol and Rs.1.90 a litre in diesel rates effected on March 17.
“The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant increase in prices of petrol and diesel, the impact of which is being passed on to the consumers with this price revision,” IOC said in a statement here.
State-owned fuel retailers IOC, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) revise rates of the fuel on 1st and 16th of every month based on the average oil price and the foreign exchange rate in the preceding fortnight.