Explorer

Petrol price up by 42 paisa/litre, diesel by Rs 1.03 a litre

NEW DELHI: Petrol price was tonight hiked by 42 paisa a litre, the fourth increase in 6 weeks, and diesel rate was raised by Rs 1.03 a litre, the second hike in a fortnight. The increase in rates, which are effective from midnight tonight, are excluding state levies and the actual hike will be higher, the oil companies announced. After including VAT, the hike in Delhi comes to 53 paisa and in case of diesel it will be Rs 1.20 a litre. Petrol will cost Rs 71.13 a litre from midnight as against Rs 70.60 currently. Similarly, a litre of diesel will be priced at Rs 59.02 as opposed to Rs 57.82 currently. This is the fourth increase in petrol price in six weeks and the third in case of diesel in one month. Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise rates on 1st and 16th of every month based on average international price in the previous fortnight. "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. It said the movement of prices in the international oil market and foreign exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Congress, Allies Want Article 370 Restored, Pursuing ‘Pakistan Agenda’: PM Modi On J-K Assembly Ruckus
Congress, Allies Want Article 370 Restored, Pursuing ‘Pakistan Agenda’: PM Modi On J-K Assembly Ruckus
Salman Khan Extortionist Is A Lawrence Bishnoi Fan, Demanded Rs 5 Crore Because...
Salman Khan Extortionist Is A Lawrence Bishnoi Fan, Demanded Rs 5 Crore Because...
Himachal: Goof-Up Over Samosas Meant For CM Sukhu Snowballs Into Controversy; BJP Slams Cong Govt
Himachal: Goof-Up Over Samosas Meant For CM Sukhu Snowballs Into Controversy; BJP Slams Cong Govt
‘Forgive Me If I Ever...’: CJI DY Chandrachud Delivers Final Speech, Bows Out Of Supreme Court Bench
‘Forgive Me If I Ever...’: CJI DY Chandrachud Delivers Final Speech, Bows Out Of Supreme Court Bench
Advertisement
ABP Premium

Videos

Marshals Remove BJP Legislators from J&K Assembly Amidst Growing TensionsAnchor Silences NC Spokesperson Over Article 370 and 35A Debate | ABP NewsJ&K Assembly: Dramatic Images Show BJP and Ruling Party MLAs in Heated ScuffleClash in J&K Assembly: Cameras Capture Khursheed Ahmad Sheikh’s Scuffle with BJP MLAs

Photo Gallery

Embed widget