Petrol price will be up by Rs 1.39 per litre, while diesel price will go up by Rs 1.04 per litre from Sunday, the Indian Oil Corporation announced on Saturday. "The current level of international product prices of Petrol and Diesel and 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," the oil marketing company (OMC) said in a statement. IOC added that it intends to start a pilot project in select cities daily for daily revision of petrol and diesel prices. "IOCL intends to shortly start daily changes in price of Petrol and Diesel based on movement of prices in international market, on pilot basis, in the cities of Udaipur, Jamshedpur, Pondicherry, Chandigarh and Vizag," the statement said. ALSO READ | Not an April Fool's joke: Petrol price slashed by Rs 3.77, diesel prices down by Rs 2.91

Source: India Today April 15, 2017 18:43 UTC