Petrol price hiked by Rs 2.21, diesel by Rs 1.79

Samarth Srivastava
Published on: 16 Dec 2016 5:15 PM GMT
Petrol price hiked by Rs 2.21, diesel by Rs 1.79
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Petrol, diesel prices to be revised on daily basis from June 16

New Delhi: The petrol and diesel prices were raised by Rs 2.21 per litre and Rs 1.79 per litre, respectively on Friday. The change in the fuel prices will be effective from midnight.

The hike in the fuel prices exclude state levies that means the variations in retail selling prices could differ.

Presently, petrol and diesel prices in Delhi are Rs 66.10 per litre and Rs 54.57 a litre, respectively. The new rates of petrol and diesel will be Rs 68.94 a litre and Rs 56.68 per litre, respectively.

"The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," IOC said in a statement.

Also read: Government announces discount for cashless transactions at petrol pumps

Samarth Srivastava

Samarth Srivastava

Employed as sub-editor at newstrack.com. A learner, who loves covering sports, entertainment and defence kind of stuff.

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