Petrol price hiked by Rs. 1.69/L, diesel by Rs. 0.50/L

Oil Companies on Monday raised the petrol and diesel prices by Rs 1.69 and Rs. 0.50 per litre respectively.

The Indian Oil Corporation (IOC) attributed the move to the rise in price of crude oil and forex market.

The hike in the petrol and diesel prices will come into effect from midnight onwards.