Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Written By:

The fuel prices have been hiked again for the third time in a month. The petrol price is hiked by Rs 1.29 per litre and diesel by Rs 0.97 effective from 1st January 2017.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

The above mentioned price hike is excluding state levies and the actual hike will be higher. Including the VAT the price hike in Delhi would be Rs 1.66 for petrol and Rs 1.14 for diesel.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

This is the third price hike for petrol and second for diesel in a single fortnight. The revised petrol price in Delhi stands at Rs 70.60 per litre and a litre of diesel will cost Rs 57.82.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise the price of fuel on 1st and 16th of every month based on the crude oil price in the international market the previous fortnight.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Indian Oil Corp in a statement said, "The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision."

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

IOC also stated that the fluctuation of price in the international oil market and the foreign exchange rate will be closely monitored which will reflect in the future price changes.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Most Read Articles On DriveSpark

2017 Royal Enfield Motorcycles Gets New Skin - Exclusive

One of our reader has shared some images of the 2017 Royal Enfield Classic motorcycle models with new paint scheme.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Tata Motors Geared Up For Xenon Facelift Launch In January 2017

Read about the new Xenon ‘Yodha' which Tata Motors is planning to launch in January 2017.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Bajaj Dominar 400 Launched In India - Read Now!

Read to learn about Bajaj Dominar 400 price in your city, mileage, top speed, features, engine specifications, and booking details.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Car Dashboard Warning Lights; What Do They Stand For?

Here is a list of the most common warning lights use bycar makers. Most of these warning lights indicate there is an issue with your vehicle. Learn more.

Fuel Price Hiked; Petrol By Rs 1.29 Per Litre And Diesel By Rs 0.97

Toyota Corolla To Be Powered By A BMW Engine? - Report

Automotive giants from Japan and Germany are joining hands, so something big is going to happen. Read our report.

Read more on: #auto news
Story first published: Monday, January 2, 2017, 11:19 [IST]
Please Wait while comments are loading...

Latest Photos