Petrol price hiked by Rs 1.23/litre, effective from midnight

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Petrol price has been increased by Rs 1.23/litre whereas, Diesel price revised by Rs 0.93/litre on Wednesday.

It was reported that the change in the petrol and Diesel prices will be made effective from midnight today.

In a statement, Indian Oil Corporation(IOC) said, “The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant decrease in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision”.

It was learnt that currently, Delhi commuters pays Rs 65.32/litre but after the revised price from midnight tonight, Petrol price in Delhi will cost Rs 66.91 per litre.

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