Petrol price hiked by Rs 1.40 per litre -Friday March 1,2013

 

Petrol price was on Friday hiked by Rs 1.40 per litre necessiated by rise in international oil prices and depreciation in rupee have necessitated.The hike is excluding local sales tax or VAT

 The price increase has been necessitated by two factors - the international gasoline (petrol) prices have increased from $128.57 per barrel to $131.00 a barrel since the last revision; and the rupee has depreciated from Rs 53.43 to Rs 54.15 per US Dollar during the period

Revises Petrol Price Wef Saturday March 2,2013

Delhi: Rs 70.46(Rs 69.06)
Kolkata: Rs 77.99(Rs 76.59)
Mumbai: Rs 77.29(Rs 75.89)
Chennai: Rs 73.57(Rs 72.17)

The previous petrol price hike was Rs 1.50 a litre, excluding VAT, on February 16,2013