After the hike in petrol and diesel prices from midnight on 31 May, oil marketing companies on 1 June increased the rate of non-subsidised LPG cylinder by Rs 21 following an increase in global oil rates.
According to NDTV Profit, a non-subsidised domestic LPG cylinder in Delhi will now cost Rs 548.50. Petrol and diesel prices have risen by Rs 2.58 and Rs 2.26, respectively. The current price of petrol stands at Rs 65.60 per litre and diesel at Rs 53.93 pre litre.
The rate of aviation fuel (ATF) has also appreciated by a steep 9.2% and will now cost Rs 46,729 per kilolitre. The price hike in aviation fuel and non-subsidised LPG comes into effect from today.
NDTV Profit quoted Indian Oil as saying, "The current level of international product prices of petrol & diesel and rupee-dollar exchange rate warrant increase in price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision."