New Delhi: The petrol price was on Tuesday hiked by 14 paise per litre and that of diesel by 10 paise a litre, following increase in commission paid to dealers.
Petrol will now cost Rs64.72 a litre in Delhi from Tuesday midnight as against Rs64.58 per litre currently. Diesel will cost Rs52.61 per litre as against Rs52.51 a litre at present. The hike comes on the back of a 37 paise increase in petrol rate effected on 1 October. Diesel price on that day was cut by 8 paise a litre.
Announcing the price decision, Indian Oil Corp (IOC) said: “There will be corresponding price revisions on petrol and diesel in other states on account of change in dealer commission.”