New Delhi, Nov 15 (IANS) State-run Indian Oil Corp. on Sunday announced a hike in the price of petrol by 36 paise a litre and of diesel by 87 paise at Delhi, effective midnight.
The petrol and diesel rates will experience a corresponding increase in other states, the announcement said.
“The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant an increase in prices, the impact of which is being passed on to the consumers with this price revision,” Indian Oil said in a statement here.
The oil marketer said the price of petrol per litre from Monday will be Rs.61.06
Diesel will cost Rs.46.80 a litre in Delhi, Rs.50.29 in Kolkata, Rs.54.04 in Mumbai and Rs.48.00 in Chennai.
The Indian basket of crude oil closed trading on Thursday at $42.41 a barrel. The figures for Friday will be available on Monday.