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Petrol prices up by 42 paise a litre, Diesel by Rs 1.03 per litre

By FnF Correspondent | PUBLISHED: 16, Jan 2017, 7:08 am IST | UPDATED: 17, Jan 2017, 19:38 pm IST

Petrol prices up by 42 paise a litre, Diesel by Rs 1.03 per litre New Delhi: State oil companies have raised the prices of petrol by 42 paise/litre and diesel by Rs 1.03/litre after the fortnightly review to align local prices with international rates.

The new prices will be effective from Monday. Actual price increases would vary from state to state depending on local levies.

"The current level of international product prices of petrol and diesel and 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," Indian Oil Corp, the country's largest fuel retailer, said in a press statement.

The movement of prices in the international oil market and the exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes, the company said.
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