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Petrol, diesel prices hiked again

Last updated on: June 30, 2011 18:53 IST

Petrol, diesel prices hiked again

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The government on Thursday hiked petrol and diesel prices by a marginal Rs 0.27 a litre and Rs 0.15 per litre respectively following increase in the commission paid to petrol pump dealers.

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Image: Protest against petrol price hike.

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Petrol, diesel prices hiked again

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The government approved raising dealer's commission paid on petrol from Rs 1.218 per kilolitre to Rs 1,499 per kl, resulting in a Rs 0.27 per litre increase in retail price with effect from midnight tonight, an official said.

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Image: Petrol to cost more.

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Petrol, diesel prices hiked again

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Similarly, the dealers' commission on diesel was hiked from Rs 757 per kl to Rs 912 per kl, resulting in a Rs 0.15 per litre increase in rates at retail level.

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Image: No end to petro price woes.

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Petrol, diesel prices hiked again

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Petrol, at present, is priced at Rs 63.37 per litre in Delhi and will cost Rs 63.64 per litre from Friday.

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Image: Petrol price zooms.

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Petrol, diesel prices hiked again

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Diesel, whose rates had last week been hiked by Rs 3 a litre, will cost Rs 41.27 per litre instead of 41.12 a litre.

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Image: Reuters.

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Petrol, diesel prices hiked again

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The official said the increase in dealers' commission is lower than 39.5 paisa hike recommended by an expert committee of the Ministry of Petroleum and Natural Gas.

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Image: Dealers' commission hiked.

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Petrol, diesel prices hiked again

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Similarly, the increase in commission on diesel too is lower than 17 paisa per litre increase suggested by the committee which was headed by Apurva Chandra, Joint Secretary (Marketing) in the Ministry of Petroleum and Natural Gas.

Image: Reuters.

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