Petrol value on Friday was hiked by 17 paise per litre and diesel by 22 paise, as firming worldwide oil costs broke a virtually two-month-long hiatus in value revision. Petrol value in Delhi was hiked to Rs 81.23 per litre from Rs 81.06, in response to a value notification from oil advertising firms. Diesel charges went up from Rs 70.46 to Rs 70.68 per litre.
That is the primary revision in petrol costs since September 22. Diesel charges hadn’t modified since October 2.
Public sector oil advertising firms – Indian Oil Company, Bharat Petroleum Company Ltd and Hindustan Petroleum Company Ltd – revise charges of petrol and diesel day by day primarily based on benchmark worldwide oil value and international change fee.
They’ve, nonetheless, restored to calibrating the charges for the reason that pandemic broke out with a view to avoiding volatility in retail costs.
The 58-day hiatus in petrol value revision and 48-day established order on diesel charges was preceded by no change in charges between June 30 and August 15 and a 52-day established order between March 17 and June 6.
In Mumbai, the petrol value on Friday was raised to Rs 87.92 per litre from Rs 87.74, whereas diesel charges went up from Rs 76.86 to Rs 77.11.
Petrol now prices Rs 84.31 in Chennai and Rs 82.79 in Kolkata. Diesel prices Rs 76.17 per litre in Chennai and Rs 74.24 in Kolkata.