Petrol price hiked by Rs 1.82 | Petrol Rates Increase From today

Petrol price hiked by Rs 1.82 | Petrol Rates Increase From today

PETROL price was on Friday hiked by a sleep Rs 1.82 a liter  the third increase in rates this month, as falling rupee made imports costlier.

An increase in diesel rates is expected early next week.

Oil companies raised petrol raised by Rs 1.82 a liter, excluding local sales tax or VAT, with effect from midnight. Actual increase will be higher and will vary from city to city depending on local taxes.

Petrol price in Delhi was hiked by Rs 2.19 per liter to Rs 68.58 from Saturday as against Rs 66.39 currently. This is the third increase in rates this month. Oil firms had on June 1 raised prices by 75 paisa. excluding VAT, and followed it with a Rs 2 per hire increase on June 16.

The revision in prices as per the practice of changing rates in line with cost every fortnight, was due on Sunday June 30 but were raised on Friday.

Diesel price too is likely to be raised by 40-50 paisa per litre early next week in accordance with the Government mandate for small doses of increases every month.

In Mumbai. petrol price has been increased by Rs 2.30 to Rs 76.90 while in Kolkata rates went up from Rs 73.79 to Rs 76.10 per litre. In Chennai. prices were hiked by Rs 2.32 to Rs 71.72.