New Delhi, June 30, 2015 |
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 30th June / 1st July, 2015
• Decrease in Retail Selling Price of Petrol by Rs. 0.31/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Petrol in Delhi will become Rs. 66.62/litre. Prices of Petrol and Diesel were last revised w.e.f. 16th June'15. Since last price change, there has been a decrease in international prices of both Petrol & Diesel. INR-USD exchange rate has appreciated during this period. Combined impact of both these factors warrants a downward revision in prices, the impact of which is being passed on to the consumers with this price decrease.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes. |
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