Indian Oil Increases the Prices of Petrol and Diesel

Indian Oil Corporate Office

Indian Oil Corporation Limited has increased the prices of petrol and diesel with effect from midnight of 16th May/17th May 2016. According to the revised prices, the retail selling price of petrol in National Capital Delhi (including state levies) has increased by Rs 0.83/litre and the price of diesel in the Capital(including state levies) has increased by Rs1.26/liter. With this price revision, the new prices of petrol and diesel will be Rs 63.02/liter and Rs51.67/liter respectively. There is corresponding changes in prices of petrol and diesel in other states as well.

Please see the table below to know about the revised rates in different metros and the national capital region-

Prices of non-branded Petrol in metro-cities (Rs./Litre)

Applicable from Midnight of May 16,2016 and May 17,2016

Metros Prices
Delhi 63.02
Kolkata 66.44
Mumbai 66.12
Chennai 62.47

*Prices may vary from outlet to outlet within a city.

Prices of non-branded Petrol across National Capital Region (Rs./Litre)

Applicable from Midnight of May 16,2016 and May 17,2016

Cities Prices
Faridabad 63.14
Gurgaon 63.01
Noida 66.52
Ghaziabad 66.42

*Prices may vary from outlet to outlet within a city.

Prices of non-branded Diesel in metro-cities (Rs./Litre)

Applicable from Midnight of May 16,2016 and May 17,2016

Metros Prices
Delhi 51.67
Kolkata 54.1
Mumbai 56.81
Chennai 53.09

*Prices may vary from outlet to outlet within a city.

Prices of non-branded Diesel across National Capital Region (Rs./Litre)

Applicable from Midnight of May 16,2016 and May 17,2016

Cities Prices
Faridabad 52
Gurgaon 51.76
Noida 53.59
Ghaziabad 53.49

*Prices may vary from outlet to outlet within a city.

According to a press note released by Indian Oil Corporation, the change of price is being passed to the consumers because of the current level of international product prices of petrol & diesel and INR-USD exchange rate warrant rise in price of petrol and diesel.

The movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely and emergent trends of the market will be reflected in the price changes of the coming days.

 

 

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