Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Petrol price mounted by Rs2.21, diesel by Rs 1.79/litre.

Today, excluding local levies, petrol price increased by Rs 2.21/litre and diesel price by Rs 1.79/litre with the effect of yesterday. Any blushes possibly deferred to save the demonetization-battered government in Parliament.

These rates will be effective from midnight tonight. This hike does not include local levies. After considering VAT, the actual increase in one Litre patrol price will be Rs 2.84 and in one litre diesel price will be 2.11.

Related post – Aviation fuel price increases 4.9 percent to 5.7 percent, at highest level:

Indian Oil Corp, the nation’s leading fuel vendor said, “Petrol price will be increased in Delhi from Rs 66.10 to Rs 68.94 per litre from midnight tonight after the hike.” The diesel price will correspondingly be increased from Rs 54.57 to Rs 56.68.

The rates are revised by the Indian Oil Corporation (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) on 1st and 16th of every month on the basis of average international price in the past fortnight.

Related post – ATF price cut by 3.7%, LPG hiked by Rs 2 per cylinder

It did not announce yesterday, International gasoline price hiked from $ 57.43 to $62.82 per barrel and diesel price from $56.79 to $60.97 per barrel. This affected Indian industry.

The government postponed it because Parliament session was going on and also currency demonetization is not completely. On 1st December, Rs 0.13 per litre patrol price had been hiked and Rs 0.12 per litre diesel price had been reduced. IOC stated,

Related post – Suzuki suspected of using inappropriate fuel economy testing in Japan

“This price revision passes on the impact of present international price level of petrol price and diesel and exchange rate of Rupee-US Dollar. Changes in foreign exchange rate and international oil market price reflects in future market price.


The post Petrol price mounted by Rs2.21, diesel by Rs 1.79/litre. appeared first on Mcr World.

This post first appeared on Share Market News In Hindi, please read the originial post: here

Share the post

Petrol price mounted by Rs2.21, diesel by Rs 1.79/litre.


Subscribe to Share Market News In Hindi

Get updates delivered right to your inbox!

Thank you for your subscription