New Delhi: Petrol and diesel prices have been hiked in the country after four months. Fuel prices have remained unchanged since the election in five states. Petrol price was hiked by 87 paise per liter. Diesel price has been hiked by 85 paise per liter. Despite reports that fuel prices will rise sharply after the election results, the current hike comes more than a week after the results came out.
Indian Oil Corporation (IOC) has informed dealers that the new change in fuel prices after 137 days will take effect from 6 am on March 22. Despite the record high of $ 130 per barrel, crude oil prices have not risen in India so far.
