Petrol price was hiked by 75 paise per litre and diesel by 50 paise after Indian rupee fell to 11-month low yesterday. The oil imports were costlier after the increased demand for US dollar dominated the market.
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However, the oil companies cut the price of non-subsidised cylinders by Rs 45.
With the increased price of petrol and diesel, petrol will be available at Rs 63.99 a litre and diesel at Rs 50.25 per litre in Delhi.