IOC to raise petrol price from Friday

IOC to raise petrol price from Friday

New Delhi: State-run Indian Oil Corp (IOC), the biggest fuel retailer in the country, will raise petrol prices by 1.82 a litre from Friday, its head of finance P. K. Goyal said on Thursday.

HPCL is considering a further increase in petrol prices as it struggles to cut down on retailing losses, its finance director had said on Tuesday.

The country’s three state fuel retailing giants, IOC, HPCL and Bharat Petroleum Corp , tend to move their prices in tandem.

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