After the government permitted oil marketing companies to set diesel prices, the retailers increased the price of the fuel.
Oil companies hiked the price of diesel by 45 paise excluding taxes effective today, Indian Oil said in an official statement. The good news — petrol prices, which were only earlier this week hiked by 35 paise, will come down by 25 paise per litre.
Following are the revised diesel and petrol prices in four metros after the announcement of a revision in rates. New prices are effective from midnight tonight.
Current Price Revised Price Increase
Delhi 47.15 47.65 0.50
Kolkata 50.98 51.51 0.53
Mumbai 53.14 53.71 0.57
Chennai 50.13 50.68 0.55
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