Petrol price hiked by Rs 3.38 per litre, diesel price hiked by Rs 2.67 per litre

Petrol price increased by Rs 3.38 per litre, diesel price is increased by Rs 2.67 per litre

Petrol is going to cost Rs 63.47 a litre in Delhi from midnight today, diesel will cost Rs 52.94 a litre
The hike in fuel price, is fuelled by a 13% rise in international oil rates in the last 15 days, came after last four reductions
Rates were last cut on August 16 2016

Petrol and diesel prices are linked to market prices in India.

IOC, BPCL and HPCL revise rates of the fuels on the 1st and 16th of every month based on the average oil price and foreign exchange rate in the preceding fortnight.

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