78 in diesel, officials said.90 per litre and the same for diesel would have been Rs 2. Indian Oil Corporation , Bharat Petroleum Corp and Hindustan Petroleum Corp revise rates, particularly when a price cut is necessitated, on 1st and 16th of every month based on average international price in the previous fortnight.43 and that of diesel to USD 60.57..82 per barrel from USD 57. The actual hike after considering VAT would have been about Rs 2.05 from Rs 68.46 a litre in the case of petrol and Rs 1.23 a dollar, had necessitated Rs 2."We continue to review it and will take appropriate decision at the right time," he said.

IOC Chairman B Ashok justified the deferment move, saying "it is not compulsory" to change rates on a particular date.The Winter Session of Parliament ends today and rate revision may follow soon, they said." Stating that global prices are volatile, he said there are lots of changes happening around.26 a litre hike in petrol and Rs 1."Prior to the December 1 price change, rates were hiked by Rs 1. Petrol in Delhi currently غير مجاز مي باشدts Rs 66.But an increase that was warranted because of a rise in international gasoline price to USD 62. "We need to take an overall view and then calibrate our views. "Price revision is being done in a calibrated manner.79 was deferred today.10.26 a litre hike in petrol and Rs 1.

New Delhi: PSU oil companies have deferred a planned Rs 2.10 a litre and diesel Rs 54.53 per litre for diesel, excluding local levies, on November 16.97 from USD 56.This increase was excluding local levies.Rates were last revised on December 1 when petrol Blower garden price was hiked by a marginal 13 paise a litre, but diesel rates were cut by 12 paise.Industry sources said the deferment may be for a day or two as Parliament is in session and any hike would have added to the discomfort for the government, particularly when it is facing heat over hardships caused by currency demonetisation.78 increase in diesel.The surge in international price, which was moderately tempered by strengthening of the rupee to Rs 68