Petrol and diesel price hike Rs 1.29 and 0.97 respectively
New Delhi, Petrol Price Increase: Seeing a rise in the international oil prices, the Indian petrol companies also increased the Petrol Price by Rs 1.29 and Diesel price by 0.97 respectively. The new changed price will be applicable from mid night today.
The increase in price is excluding the state levies, so the actual price increase will be much higher. For example the hiked amount after considering VAT would be Rs 1.66 a litre in Delhi for petrol and Rs 1.14 for diesel. So in Delhi the new price of petrol will be Rs 70.60 and Diesel will be Rs 57.82 per litre.
This is the third rise in the petrol this month.
Earlier Petrol price hiked in December 17 by Rs 2.21 a liter and diesel by Rs 1.79 per liter.
You should know that the Bharat Petroleum Corp (BPCL), Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) revise the Petrol and diesel rates on 1st and 16th of every month based on average international price in the previous fortnight.