Oil-marketing companies (OMCs) have decided to increase petrol prices by Rs 1.40 per litre with effect from Friday midnight. With this, petrol price in Delhi would be Rs 70.46 a litre now.
The last price hike was on February 16. Between then and now, international petrol prices rose from $128.57 per barrel to $131 per barrel, which necessitated price revision, said an IndianOil Corporation (IOC) release. The rupee has also depreciated from Rs 53.43 to Rs 54.15 versus dollar in the same period.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/petrol-prices-raised-rs-140-litre
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrol
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerosene
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/budget
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy