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Petrol And Diesel Prices Go Up Following Hike In Commission To Dealers

Petrol is more expensive by 14 paise per litre and diesel by 10 paise per litre.
PTI
Representative image. PRAKASH SINGH/AFP/Getty Images.
AFP/Getty Images
Representative image. PRAKASH SINGH/AFP/Getty Images.

New Delhi, Oct 4 — The price of petrol was hiked on Tuesday by 14 paise per litre and that of diesel by 10 paise a litre, following increase in commission paid to dealers.

Petrol will now cost Rs 64.72 a litre in Delhi from midnight tonight as against Rs 64.58 per litre currently.

Diesel will cost Rs 52.61 per litre as against Rs 52.51 a litre at present.

The hike comes on the back of a 37 paise increase in petrol rate effected on 1 October. Diesel price on that day was cut by 8 paise a litre.

Announcing the price decision, Indian Oil Corp (IOC) said, "There will be corresponding price revisions on petrol and diesel in other states on account of change in dealer commission."

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This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.