The most loved fuel not only for our automobiles , even by us , has got their price hiked again.
Talking about Petrol which was hiked by around “14 paise per litre” and for Diesel it is just “10 paise a litre” , so petrol is still dominating the price chart with this hike as well.
This news came into light when there was increase in commission paid to the dealers , so from now on the new price of Petrol will be Rs 64.58 per litre against its earlier price of Rs. 64.58.
And Diesel will take a back seat and will cost Rs . 52.61 a litre from its previous value of Rs. 52.51.
This hike has come back to its previous 37 paise increase in Petrol Rate as on October 1. Whereas the Diesel Price on that day was cut off by 8 paise a litre.
Hence with this hike to be in effect , the Indian Oil Corp announced officially about this , saying “From now on there will be a corresponding price revisions on most consumed fuel.”
“The change in dealer commission would vary on Petrol and Diesel from state to state” it adds on.
By increase in the commission paid to the dealer , the actual amount could vary between 14 paise to 18 paise for Petrol and 10 paise to 13 paise when talking about Diesel.
Though , the actual amount will definitely vary in different states and as per the commission request.
