Petrol prices were hiked by up to 9 paise per litre in metros while diesel rates were decreased by up to 5 paise on Saturday. With effect from 6 am on November 23, the price of petrol stood at Rs. 74.44 per litre and that of diesel at Rs. 65.79 per litre in the national capital, according to notifications from Indian Oil Corporation, the country’s largest fuel retailer. Currently, domestic prices of petrol and diesel are reviewed by oil marketing companies on a daily basis, and any revisions are implemented at fuel stations with effect from 6 am.
In Mumbai, the price of petrol stood at Rs. 80.10 per litre, up 9 paise per litre compared to Friday’s rate, and that of diesel stood at Rs. 69.01 per litre, data from Indian Oil showed.