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HindustanTimes Wed,16 Apr 2014

Premium diesel and petrol rates hiked sharply

PTI  New Delhi, September 15, 2012
First Published: 23:23 IST(15/9/2012) | Last Updated: 01:58 IST(16/9/2012)

Days after the steepest diesel price hike, oil companies on Saturday raised premium or branded petrol and diesel rates by Rs. 6.36 and Rs. 19.55 per litre, respectively.

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The government, on Thursday, had raised diesel price by Rs. 5.63 per litre and allowed the oil companies to price premium or branded petrol and diesel at market prices. Subsequently, the premium or branded petrol in Delhi is being sold at Rs. 77.58 per litre from today as against Rs. 71.22 previously.

Similarly, premium or branded diesel is being sold at Rs. 65.81 per litre as against Rs. 46.26 previously, industry sources said.

Indian Oil Corporation (IOC) sells premium or branded petrol under the brand name 'XtraPremium', while Bharat Petroleum calls it 'Speed'. Hindustan Petroleum sells the fuel under the brand name 'Power'.

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