Top fuel retailer to up petrol, diesel prices again from Wednesday

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NEW DELHI: Indian Oil Corp, the country’s top fuel retailer, will raise petrol and diesel price by Rs 0.80 a litre from Wednesday, the second such increase in pump prices in as many days, a notification sent to dealers showed on Tuesday.
From Wednesday, a litre of petrol in Delhi will cost Rs 97.01 ($1.28), while diesel prices will be raised to Rs 88.27, a notification sent to dealers show.
Three state-run fuel retailers – Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp – dominate fuel retailing in India, and tend to move their prices together.
The retailer began raising fuel prices from Tuesday after a gap of more than four months.

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