Petrol up by Rs. 2.58, Diesel up by Rs 2.26 per litre
May 31, 2016
New Delhi
Oil companies in India have decided to effect the following price changes with effect from midnight of 31st May / 1st June 2016:
-Increase in Retail Selling Price of Petrol by Rs. 2.58/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Petrol in Delhi will become Rs. 65.60/litre.
-Increase in Retail Selling Price of Diesel by Rs. 2.26/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Diesel in Delhi will become Rs. 53.93/litre.
According to Indian Oil Corporation, the current level of international product prices of Petrol & Diesel and INR-USD exchange rate warrant increase in price of Petrol and Diesel, the impact of which is being passed on to the consumers with this price revision.
The movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.
– DeshGujarat
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