Indian Oil to raise petrol, diesel prices from Friday

By Nidhi Verma

NEW DELHI (Reuters) – Indian Oil Corp, the country’s top fuel retailer, will raise prices of a litre of petrol and diesel by 0.80 rupees from Friday, its third such increase this week, a notification sent to fuel dealers showed.

A litre of petrol will cost 97.81 rupees ($1.28) while diesel will be sold at 89.07 rupees in Delhi, the notification said.

Indian state fuel retailers – IOC, Bharat Petroleum Corp, Hindustan Petroleum Corp – dominate local fuel sales market and move prices in tandem.

($1 = 76.1950 Indian rupees)

(Reporting by Nidhi Verma in Delhi; Editing by Edmund Blair)

tagreuters.com2022binary_LYNXNPEI2N0WV-VIEWIMAGE

Close Bitnami banner
Bitnami