Petrol price hiked by Rs 2.21 a litre, diesel by Rs 1.79

5 Dariya News

New Delhi 16-Dec-2016

With the global oil prices going over $50-mark earlier this week, state-run Indian Oil Corp on Friday hiked the prices of transport fuels -- of petrol by Rs 2.21 a litre, and of diesel by Rs 1.79 at Delhi, with corresponding increase in other states and effective midnight."The current level of international product prices of petrol and diesel and the INR-USD 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," IOC said in a release here late on Friday.