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Petrol Price Hiked By 14 Paise A Litre, Diesel By 10 Paise
Petrol, diesel price hiked on account of increase in dealer commission, IOC says.
04 Oct 2016, 09:48 PM IST 
Employees refuel customers’ vehicles at an Indian Oil Corp. gas station in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)
The price of petrol on Tuesday was hiked by 14 paise per litre and that of diesel by 10 paise a litre, following increase in commission paid to dealers.
Petrol will now cost Rs 64.72 a litre in Delhi from midnight tonight as against Rs 64.58 per litre currently. Diesel will cost Rs 52.61 per litre as against Rs 52.51 a litre at present.
The hike comes on the back of a 37 paise increase in petrol rate effected on October 1. Diesel price on that day was cut by 8 paise a litre.
Announcing the price decision, Indian Oil Corporation Ltd. said: "There will be corresponding price revisions on petrol and diesel in other states on account of change in dealer commission."