Amid rising crude oil prices in the international market, fuel prices in India continue to be hit by inflation. Petrol and diesel prices across the country are setting a new record every day. Domestic oil companies have hiked petrol and diesel prices by 35 paise per litre for the fifth consecutive day on Saturday. Diesel prices are now reaching a century.
The same is not going to stop the rise in vehicle fuel prices in the Indian market in October. With the daily hike in petrol and diesel prices by 35 paise per litre, prices are reaching new record levels. According to the latest update by petroleum marketing company Indian Oil Corporation, petrol has reached Rs 107.59 per litre while diesel has reached Rs 96.32 per litre in Delhi. Petrol is now selling at Rs 113.46 per litre and diesel at Rs 104.38 per litre in Mumbai.
Petrol and diesel prices are updated daily:-
State that the prices of petrol and diesel are updated daily on the basis of crude price in the international market with foreign exchange rates. Oil marketing companies fix the price of petrol and diesel daily after reviewing the prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum Oil Companies update the prices of petrol and diesel in various cities every morning.
Learn from SMS the price of petrol and diesel in your city:-
The price of petrol and diesel is updated daily. In such a situation, you can know the price of petrol and diesel in your city every day through just one SMS. For this, the Indian Oil customer has to write an RSP code and send it to the 9224992249 number. To learn your city's RSP code click here.