The price of petrol on Saturday night was hiked by Rs 1.39 per litre and diesel by Rs 1.04 a litre in sync with firming international rates. The hike comes the on back of a Rs 4.85 per litre reduction in rates of petrol and Rs 3.41 a litre in diesel effected from April 1. Indian Oil Corp (IOC), the nation’s largest fuel retailer, said price of petrol is being increased by Rs 1.39 per litre, excluding state levies, and that of diesel by Rs 1.04 (excluding state levies) with effect from Saturday midnight. Read more | Petrol, diesel prices to change every day from May 1, trial run in five citiesActual increase in price will be more after taking into account local VAT. Petrol in Delhi currently costs Rs 66.29 a litre while a litre of diesel is priced at Rs 55.61.

Source: Hindustan Times April 15, 2017 18:48 UTC