Taking the excuse of fall of Rupee against the US Dollar, the oil companies have yet again increased the petrol prices by Rs 1.55 per litre – the fourth increase in six weeks. If we include VAT, the petrol will be costlier by around Rs 2 per litre.
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The petrol price hike will take effect from midnight today. Earlier, the oil companies had increased the petrol prices by 75 paise on June 1, Rs 2 per litre on June 16 and Rs 1.82 per litre on June 29.
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