Petrol price hiked by Rs 2.21 per litre, diesel by Rs 1.79 per litre effective midnight
The increase was warranted because of a rise in international gasoline (petrol) price to USD 62.82 per barrel from USD 57.43 and that of diesel to USD 60.97 from USD 56.79.
Amid continuing cash crunch, the government on Friday hiked the prices of petrol and diesel by Rs 2.21 per litre and Rs 1.79 a litre respectively. The increased prices, which are effective from midnight, exclude charges levied by each state. This comes hours after oil companies deferred a planned Rs 2.26 a litre hike in petrol and Rs 1.78 increase in diesel Friday morning.
The increase was warranted because of a rise in international gasoline (petrol) price to USD 62.82 per barrel from USD 57.43 and that of diesel to USD 60.97 from USD 56.79. Petrol in Delhi currently costs Rs 66.10 a litre and diesel Rs 54.57. Rates were last revised on December 1 when petrol price was hiked by a marginal 13 paise a litre, but diesel rates were cut by 12 paise.
The increase was warranted because of a rise in international gasoline (petrol) price to USD 62.82 per barrel from USD 57.43 and that of diesel to USD 60.97 from USD 56.79.
Amid continuing cash crunch, the government on Friday hiked the prices of petrol and diesel by Rs 2.21 per litre and Rs 1.79 a litre respectively. The increased prices, which are effective from midnight, exclude charges levied by each state. This comes hours after oil companies deferred a planned Rs 2.26 a litre hike in petrol and Rs 1.78 increase in diesel Friday morning.
The increase was warranted because of a rise in international gasoline (petrol) price to USD 62.82 per barrel from USD 57.43 and that of diesel to USD 60.97 from USD 56.79. Petrol in Delhi currently costs Rs 66.10 a litre and diesel Rs 54.57. Rates were last revised on December 1 when petrol price was hiked by a marginal 13 paise a litre, but diesel rates were cut by 12 paise.
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