Petrol prices in major cities after hike

Oil marketing companies have hiked the price of petrol by 70-91 paise per litre and the increase will be effective from midnight, (23-24 July, 2012).

As a consequence of the revision, increase in selling price of petrol shall vary from Rs. 0.70/litre to Rs. 0.91/litre (including state levies) depending upon the state taxes.

Indian Oil Corporation said the revision has been necessitated due to increasing international oil prices and movement in rupee-dollar rate.

Currently, PSU oil firms are losing Rs 10.01/litre on diesel,  Rs 27.20/litre on kerosene and Rs 319/cylinder on LPG.

		New Delhi	Mumbai	Chennai	Kolkata	Hyderabad	Bengaluru
New Price	Rs./litre	68.48	74.23	73.16	73.61	75.80	77.30
Current Price	Rs./litre	67.78	73.35	72.27	72.74	74.89	76.39
Increase	Rs./litre	0.70	0.88	0.89	0.87	0.91	0.91