Public sector oil companies have raised petrol prices by about 2.50 rupees per litre on account of rising crude oil prices. The hike came into effect midnight last night. Indian Oil Corporation, IOC raised petrol prices by 2.50 per litre, while Hindustan Petroleum, HPCL hiked rates by 2.54 rupees a litre. Bharat Petroleum, has raised price by 2.53 rupees per litre.
Petrol at IOC outlets in Delhi will now cost 58.37 rupees a litre. The fuel at HPCL and BPCL pumps will be sold at 58.39 rupees per litre. Industry official said, the increase follows international crude oil prices climbing to 92 US Dollars per barrel.State-owned firms also hiked Aviation Turbine Fuel, ATF prices by 2 per cent from midnight last night.
Opposition parties--BJP and CPI(M) have criticized the government for raising petrol prices and demanded immediate rollback. BJP spokesperson Prakash Javadekar said in New Delhi that the seventh hike in the last six months is totally unjustified. CPI-M Politburo said the hike shows how the UPA government is riding roughshod over the interests of the people.
Petrol at IOC outlets in Delhi will now cost 58.37 rupees a litre. The fuel at HPCL and BPCL pumps will be sold at 58.39 rupees per litre. Industry official said, the increase follows international crude oil prices climbing to 92 US Dollars per barrel.State-owned firms also hiked Aviation Turbine Fuel, ATF prices by 2 per cent from midnight last night.
Opposition parties--BJP and CPI(M) have criticized the government for raising petrol prices and demanded immediate rollback. BJP spokesperson Prakash Javadekar said in New Delhi that the seventh hike in the last six months is totally unjustified. CPI-M Politburo said the hike shows how the UPA government is riding roughshod over the interests of the people.
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