As of May 1, gasoline, diesel prices change every day in 5 cities.Petrol, diesel prices to change daily effect from may,
On May 1, prices for gasoline and diesel will change each day in synchrony with international rates, as in the more advanced markets.
State oil retailers Indian Oil Corp., Bharat Petroleum Corp. (BPCL) and Hindustan Petroleum Corp. (HPCL), which own more than 95 percent of nearly 58,000 gasoline pumps in the country, will launch a pilot for the daily price Review in five select cities as of May 1 and gradually extend it to the entire country.
The rates differ only by a few countries among the bombs of the three state fuel retailers. Unbranded gasoline at Delhi’s IOC pumps costs Rs 66.29 per liter, while the same at BPCL pumps in the city has a price of Rs 66.37 per liter. HPCL pumps sell for Rs 66.48 per liter.
Unbranded diesel at IOC pumps in Delhi costs Rs 55.61, Rs 55.66 at BPCL outlets and Rs 55.69 a liter at HPCL pumps.
With daily changes, which are unlikely to be more than a few countries per liter, political pressures not to revise rates, especially when going on a hiking trip, sources said.