Petrol up Rs1.73 a litre, CNG up Rs 1.50 a kilo
24 September, 2012
The pump prices of petrol would go up again for the third time during as many weeks midnight tonight.
Ministry of Finance approved an increase in the retail price of petrol by Rs 1.73 a litre.
Prices of other petroleum products would be reduced from September 24 (midnight tonight) under the weekly revision in POL prices.
However, the prices of other petroleum products including high-speed diesel (HSD) has been reduced for the upcoming week.
The price of HSD has been slashed by 47 paisa per litre. In the previous week too, the diesel price dropped by Rs1.75 per litre following a decline in global oil prices.
The price of kerosene oil has been cut down by Rs3.05 per litre.
The price of high octane blending component (HOBC) has also been slashed by Rs6.06 per litre.
The price of light diesel oil (LDO) decreased by Rs2.10 per litre.
The prices of compressed natural gas (CNG) is also increased by Rs 1.50 a kilo after which its price in Region 1 and Region 2 respectively would go up to Rs 99.28 and Rs 90.70 a kilogram.
Following the price revisions, petrol from Monday will cost Rs108.45 per litre compared to Rs106.72 earlier, HOBC Rs131.9 per litre compared to Rs137.96, kerosene oil Rs101.63 per litre compared to Rs104.68, HSD Rs113.30 per litre compared to Rs113.77 and LDO Rs97.17 per litre compared to Rs99.27.
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