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Update on 9th October 2012
Good News: Petrol prices reduced by 56 paise per litre. The Indian Oil Corporation (IOC) has cut the price of petrol by 56 paise per litre. The reduction in petrol price has come amid criticism being faced by the UPA government over the hike in diesel prices and cap on subsidised LPG cylinders.
Article Updated on 23rd May 2012
Petrol price is increased today by Rs 7.50 a litre with effect from midnight tonight. Petrol in Delhi currently costs Rs 65.64 a litre and after the increase it will be priced at Rs 73.14 per litre.
Petrol will cost Rs. 73.14 per litre in Delhi against the existing price of Rs. 65.64 per litre. In Mumbai, petrol will now cost Rs. 78.16 per litre, while in Kolkata and Chennai, it will cost Rs. 77.53 per litre.
Updated on 4th November 2011
Oil companies raised petrol prices by Rs 1.82 per litre with effect from Thursday (3rd November 2011) midnight.
Updated on 16th September 2011
The increase in petrol prices effective Thursday midnight by state-owned oil refiners may be followed by another hike by the end of this month, increasing inflationary pressures.
Indian Oil Corp. Ltd (IOC) is raising its price by Rs. 3.14 per litre and Hindustan Petroleum Corp. Ltd (HPCL) by Rs. 3.16 a litre in Delhi. After the latest increase, petrol will cost Rs. 66.84 a litre at IOC outlets in Delhi, Rs. 71.92 in Mumbai, Rs.71.28 in Kolkata and Rs. 70.82 in Chennai.
Article updated on 24th June 2011
On June 24, the government hiked the price of diesel by Rs 3 a litre, kerosene - Rs 2 a litre and cooking gas by a steep Rs 50 a cylinder. This followed the hike of over Rs 5 per litre on petrol announced by oil marketing companies in mid-May.
Article Updated on 14th May 2011
All state owned petrol companies have hiked petrol prices by Rs 5 per liter i.e straight 8% hike with effects form Saturday (14th May 2011) midnight.
Petrol in Delhi presently cost Rs 58.37 per liter, but now the common man has to shell out Rs 63.75 per liter.
IndianOil, Bharat Petroleum and Hindustan Petroleum will hike rates between Rs 4.99 and Rs 5.01 per litre in Delhi with effect from midnight Saturday.
The hike in petrol prices is also followed by increase in diesel and domestic LPGprices i.e diesel Rs. 4 per litre, and LPG Rs. 20-25 respectively.