Petrol price increase in india again | Rs 5 per litre increase from midnight

Petrol price increase in india again | Rs 5 per litre increase from midnight |Petrol price increase in india again | Rs 5 per litre increase from midnight

Petrol price to go up by Rs 5 per litre from midnight| Petrol price hike from Rs 8 to Rs 58 in 20 years | Sporadic price hike in petrol likely tomorrow|Petrol price up Rs 5, Diesel next in line| Petrol price hike to futher fuel inflation | Petrol Rates increase in last 5 years| Petrol rates hike inlast 2 years | 1 year | 10 years

NEW DELHI: In the steepest hike ever, state-owned oil companies on Saturday increased petrol price by about Rs 5 per litre with effect from midnight tonight.

The increase in petrol price, which the oil firms had been holding since January even though crude oil had touched a two-and-a-half-year high, came a day after election results of five state assemblies were announced.

IndianOil, Bharat Petroleum and Hindustan Petroleum will hike rates between Rs 4.99 and Rs 5.01 per litre in Delhi with effect from midnight Saturday.

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.

"The hike needed to make domestic rates at par with international prices was Rs 9.

Petrol price hike: from Rs 8 to Rs 58 in 20 years

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