Announcing the increment of price, (IOC) which is the nation’s largest fuel retailer, said,” the rates have been increased excluding local state leviesĀ  and actual increase will be higher depending on tax rate”. IOC further said,” The movement of prices in the international oil market and INR-USD exchange rate will continue to be monitored closely and developing trends of the market will be reflected in future price changes.” So Petrol price was today increased by Rs 1.23 per lit. and diesel by 89 paise a lit. in sync with rising international fuel rates. Now, in Delhi, Petrol priceĀ  will cost Rs 66.91 per lit. from tomorrow as against Rs 65.32 a lit. currently. Similarly, a lit. of diesel will be priced at Rs 5.94, as against Rs 54.90 at present.

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