Petrol price on Sunday Feb 15,2015 was hiked by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months.
Petrol and diesel price hike is the first increase since August 2014 and follows firming of oil prices in the international market.
A litre of petrol in Delhi will cost Rs 57.31 from Monday as against Rs 56.49 currently while diesel will cost Rs 46.62 per litre as against Rs 46.01 at present, oil companies announced on Sunday
Prior to Sunday's increase, petrol price had been cut on 10 occasion since August 2014 and diesel six times since October 2014
Cumulatively, petrol had been cut by Rs 17.11 per litre in ten reductions since August 2014 and diesel by Rs 12.96 a litre since its deregulation in October 2014
Prices of petrol and diesel were last revised downwards on February 4 by Rs 2.42 per litre and Rs 2.25 per litre respectively. This decrease in prices was effected on the back of declining international oil prices
Petrol and diesel price hike is the first increase since August 2014 and follows firming of oil prices in the international market.
A litre of petrol in Delhi will cost Rs 57.31 from Monday as against Rs 56.49 currently while diesel will cost Rs 46.62 per litre as against Rs 46.01 at present, oil companies announced on Sunday
Prior to Sunday's increase, petrol price had been cut on 10 occasion since August 2014 and diesel six times since October 2014
Cumulatively, petrol had been cut by Rs 17.11 per litre in ten reductions since August 2014 and diesel by Rs 12.96 a litre since its deregulation in October 2014
Prices of petrol and diesel were last revised downwards on February 4 by Rs 2.42 per litre and Rs 2.25 per litre respectively. This decrease in prices was effected on the back of declining international oil prices
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