• Home
  • Contact Us!
  • Privacy Policy

Radio Metta

  • Home
  • Business
  • Education
  • Health
  • Home Deco
  • News
  • Real Estate
  • Technology
  • Contact Us!
  • Privacy Policy
Home» News»Petrol gets costlier by Rs 2.19 per litre, diesel by 98 paise / litre

Petrol gets costlier by Rs 2.19 per litre, diesel by 98 paise / litre

Saheli 04 Apr 2016 News Comments Off on Petrol gets costlier by Rs 2.19 per litre, diesel by 98 paise / litre 19 Views

Petrol price was hiked by Rs 2.19 per litre and diesel by 98 paise per litre on Monday.

The hike will come into effect by midnight of 4th and 5th April 2016.

Petrol in Delhi will now cost Rs 61.87 per litre as against Rs 59.68, said Indian Oil Corporation, the nation’s biggest fuel retailer.

One litre of diesel will cost Rs 49.31 compared to the current Rs 48.33 at present.

The hike comes on the back of a steep Rs 3.07 a litre increase on March 17 and a Rs 1.90 a litre hike in diesel rates.

While this is the second straight increase in petrol price, this is the fourth straight fortnightly increase in diesel rates. The three hikes in diesel rates since February 16 total Rs 3.65 per litre.

 

“The current level of international product prices of petrol and diesel and the rupee-US dollar exchange rate warrant an increase in price of petrol and diesel, the impact of which is being passed on to consumers with this price revision,” IOC said in a statement.

State-owned fuel retailers IOC, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) revise rates of the fuel on 1st and 16th of every month based on the average oil price and the foreign exchange rate in the preceding fortnight.

The revision was due last week but retailers chose to defer it by a day.

“The movement of prices in the international oil market and the rupee-US dollar exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes,” IOC added.

[Source:- Hindustan Times]

/ 2.19 98 by costlier diesel gets litre paise per Petrol Rs 2016-04-04
Tags / 2.19 98 by costlier diesel gets litre paise per Petrol Rs
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : Saheli
Previous Article :

IAI producing C4 systems for Israeli F-35s

Next Article :

What causes coronary heart disease?

Related Articles

Your SEO Budget Is Determining Your Success

admin 03 Sep 2022

WAN Connection Method – Frame Relay

admin 26 Aug 2022

UP Election 2022: Insult to bicycle is insult to nation – Akhilesh’s retort after PM Modi’s remark

Loknath Das 14 May 2022

Latest Post

News

Your SEO Budget Is Determining Your Success

admin 03 Sep 2022
News

WAN Connection Method – Frame Relay

admin 26 Aug 2022
Education

GESS Proudly Supports and Sponsors UAE Based Team in Global STEM Challenge

Loknath Das 28 Jul 2022
Technology

The Samsung Galaxy Z Flip4 gets FCC certification

Loknath Das 22 Jul 2022
Education

USF faculty, students to present at 2022 American Educational Research Association Annual Meeting

Loknath Das 22 Jul 2022
Technology

“Critical” We Understand Digital Money’s Impact: US Policymaker

Loknath Das 07 Jun 2022
Health

Firefly Health Taps Oshi Health to Add Whole-Person Digestive Care to Its Virtual Specialty Network

Loknath Das 06 Jun 2022
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Sep    
  • Home
  • Contact Us!
  • Privacy Policy
Copyright 2016, All Rights Reserved
Magazine Blog News WordPress Theme