Daily revision of petrol, diesel prices from today

  • Daily revision of petrol, diesel prices from today
16-06-2017 | Pratidin Bureau. |

From today, there will be daily revision of retail prices of Petrol and Diesel, Petrol has become cheaper by 1 rupees 12 paise and diesel by 1 rupees 24 paise per liter from 6 this morning.
Earlier this month, Oil Marketing Companies decided to make revision in retail selling prices of Petrol and Diesel everyday at six in the morning. 
This decision will make the retail prices more reflective of the current market conditions and minimising the volatility in the retail price of both these petroleum products.
The decision was taken by Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation to revise the price on daily basis after successful implementation of this measure on pilot basis in Udaipur, Jamshedpur, Puducherry, Chandigarh and Vishakhapatnam.
Public Sector Oil Marketing Companies are also taking steps to establish an appropriate mechanism for conveying the prices to consumers every day including daily publishing of the prices in newspaper, prominent display of prices at the retail outlets and sending of price-related SMS.
How to Check the Fuel Price Movement
- Mobile App: Customers can download Indian Oils app Fuel@IOC to keep a track of the updated daily petrol prices in all cities
- SMS: The updated fuel prices will also be available on SMS. Customers can send a message — RSP< SPACE >DEALER CODE TO 9224992249. The dealer code of each petrol pump is displayed at the fuel station.
- Webpage: Customers can also check the daily revision in fuel prices using RO Locator. The link is available through IOC’s official website.

Tags : petrol diesel prices fuel price

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