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Indian Oil increases price of petrol, diesel from Friday

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

Indian Oil increases price of petrol, diesel from Friday

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)

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