Petrol price up 36 paise, diesel up 87 paise

Condition fuel retailers have elevated the price of petrol by thirty six paise a litre as well as diesel by 87 paise a litre following their own fortnightly review to align nearby prices with international types and adjust for forex rates.

From Monday, petroleum will cost Rs 61. summer a litre in Delhi with prices varying slightly in other places due to regional levies. Diesel will cost Rs 46. 80 a litre in Delhi.

In the last evaluation, oil companies had reduce petrol prices by fifty paise but left diesel powered unchanged.

Every fortnight, energy retailers review petrol and also diesel prices and change local prices to the worldwide rates of the products.

"The current level of international item prices of Petrol along with Diesel and Rupee-Dollar swap rate warrant an increase in costs, the impact of which is being transferred to the consumers with this cost revision, " Indian Essential oil Corp, the nation's largest fossil fuel retailer, said within a statement on Sunday.

The actual movement of prices in the worldwide oil market and the trade rate shall continue to be supervised closely and developing styles of the market will be shown in future price changes., the organization said.

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