The Petrol prices were hiked by Rs.0.28/litre and the price of diesel was cut by Rs.0.06 by the oil companies on Wednesday. The prices will be effective midnight. Diesel and Petrol will now cost Rs.52.57/litre and Rs.64.33 respectively in Delhi.
INR-USD exchange rate and the current level of international product prices of Petrol and Diesel leads to the change in both of them as stated by the IOCL (Indian Oil Corporation Limited) which is the nation’s largest fuel retailer.
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