Petrol price on Saturday was raised by 89 paise per litre, the sixth increase in rates since September, and diesel by 86 paise a litre, the third increase in a month. The price hike announced by IOC is excluding local sales tax or VAT and will be effective from midnight tonight. After including VAT, petrol in Delhi will cost Rs 67.62 a litre from midnight tonight, up Rs 1.17 from Rs 66.45 per litre currently.
Similarly, diesel will cost Rs 56.41 a litre after including VAT in Delhi, up Rs 1.03 as compared to Rs 55.38 at present. This is the sixth increase in petrol price since September 1, the last hike being on October 16 by Rs 1.73 a litre. The five previous hikes had totaled to Rs 6.36 a litre and after including today's increase, the price of petrol has gone up by Rs 7.53 per litre in just over two months.