Petrol price raised by Rs 1.23/litre, diesel by 89 paise

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Petrol price has been hiked by one rupee 23 paise per litre and diesel by 89 paise a litre in sync with rising international fuel rates.

The new rates became effective last midnight. Reporting this, Indian Oil Corporation stated, the rates have been climbed barring nearby state tolls or VAT and genuine increment will be higher relying upon duty rate.

On sixteenth of May, the oil cost was lessened by 2 rupee 16 paise per liter and diesel costs by 2 rupee 10 paise a liter.

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