Public sector Oil companies with right of pricing structure has enhanced the oil price, it is ninth hike Oil petrol price in nine months. Indian Oil, Bharat Petroleum and Hindustan Petroleum will hike rates between Rs 4.99 and Rs 5.01 per litre in Delhi with effect from midnight tonight.
Petrol in Delhi currently costs Rs 58.37 per litre.
The government had freed petrol price from government control in June but the state-owned oil firms had not raised prices on an 'informal' dictate from the oil ministry.
Following are the revised rates of petrol at Indian Oil Corp's petrol pumps in four metros after Saturday's decision to raise rates by Rs 5 per litre.
Price at Bharat Petroleum and Hindustan Petroleum outlets will vary by a few paisas:
PETROL (in Rs/Litre)
Current Price Revised Price Increase
Delhi 58.37 63.37 5.00
Kolkata 62.50 62.50 5.21
Mumbai 63.08 63.08 5.25
Chennai 61.93 61.93 5.29
New rates are effective midnight tonight.
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