Petrol price hiked by 36 paise a litre, diesel by 87 paise

State fuel retailers have raised the price of petrol by 36 paise a litre and diesel by 87 paise a litre following their fortnightly review to align local prices with worldwide ones and adjust for foreign exchange rates. These rates will come into effect from November 15th midnight, said Indian Oil Corp, the nation’s largest fuel retailer. Prices of gasoline, diesel and kerosene are in rupees per litre, while subsidised prices of liquefied petroleum gas (LPG), used as a cooking fuel, are for 14.2-kg cylinders each.

The oil marketer said the price of petrol per litre from Monday will be Rs 61.06 in Delhi, Rs 66.39 in Kolkata, Rs 68.13 in Mumbai and Rs 61.38 in Chennai.

A litre of diesel will from tomorrow cost Rs 46.80 as compared to Rs 45.93 per litre now.

Creating troubles for consumers, petrol and diesel prices have been hiked on Sunday. Recently fifteen days back on Nov 1st petrol price was cut by 60 paise and diesel rates are stable, these are done by basing on movement of prices in the global oil market. Diesel rates were not changed on 1 November but had been hiked by 95 paise on 16 October and by 50 paise on 1 October.