Petrol and diesel prices to go up

Petrol and diesel prices to go up

Mumbai, Oct 16 (IANS) In response to global prices and currency fluctuations, the three state-owned oil marketing companies (OMCs) have decided to increase the price of petrol and diesel from midnight Saturday.

According to Indian Oil Corporation (IOC), petrol price will be increased by Rs 1.34 per litre excluding state levies, whereas diesel would become expensive by Rs 2.37 per litre.

“The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision,” IOC said in a statement.

“The movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.”

The new prices of non-branded petrol in metros like New Delhi would come to Rs 66.45 per litre, Kolkata Rs 69.08, Mumbai Rs 72.83 and Chennai Rs 65.96.

The revised prices of non-branded diesel in New Delhi would come to Rs 55.38 per litre, Kolkata Rs 57.64, Mumbai Rs 61.05 and Chennai Rs 56.95.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here