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Petrol price hiked by 36 paise a litre, diesel 87 paise

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Petrol price hiked by 36 paise a litre, diesel 87 paise
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New Delhi: State-run Indian Oil Corp. on Sunday announced a hike in the price of petrol by 36 paise a litre and of diesel by 87 paise at Delhi, effective midnight.

The petrol and diesel rates will experience a corresponding increase in other states, the announcement said.

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

The oil marketer said the price of petrol per litre from Monday will be Rs.61.06 in Delhi, Rs.66.39 in Kolkata, Rs.68.13 in Mumbai and Rs.61.38 in Chennai.

Diesel will cost Rs.46.80 a litre in Delhi, Rs.50.29 in Kolkata, Rs.54.04 in Mumbai and Rs.48.00 in Chennai.

The Indian basket of crude oil closed trading on Thursday at $42.41 a barrel. The figures for Friday will be available on Monday.

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