Again Petrol Price Hiked, Diesel Lowered.

petrol_650x400_71469971367Petrol price was on Friday hiked by 28 paise per litre while diesel rate was lowered by 6 paise per litre (excluding State levies). Revised rates will take effect from midnight.

“The current level of international product prices of Petrol & Diesel and rupee-dollar exchange rate warrant increase in selling price of Petrol and decrease in selling prices of Diesel, the impact of which is being passed on to the consumers with this price revision,” said Indian Oil Corporation, the country’s largest fuel retailer.

Fuel prices were last revised on September 15, when the price of petrol was hiked by 58 paise per litre while that of diesel was slashed by 31 paise per litre (excluding state levies).

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