Fuel prices revised again: Driving on petrol gets costlier, diesel drivers may relax for now
New Delhi : Going with the international trends, petrol prices have been hiked by 58 paise per litre, while diesel prices have been slashed by 31 paise. Petrol will cost Rs 64.05 a litre from midnight tonight as against Rs 63.47. Similarly, diesel will cost Rs 52.63 a litre as compared to Rs 52.94 a litre.
# Petrol prices have been hiked for the second time within a month. Petrol price was last hiked on September 1 by a steep Rs 3.38 per litre and diesel by Rs 2.67 a litre.
# "The current level of international product prices of petrol and diesel and rupee-US dollar exchange rate warrant increase in selling price of petrol and decrease in selling price of diesel, the impact of which is being passed on to the consumers with this price revision," Indian Oil Corp, the nation's largest fuel retailer, said. (Quoted by Economic times)
# Petrol and diesel prices may further see changes depending upon the changing trends of the global market.