News Release Details

Petrol and Diesel Price Change
New Delhi   31-Jul-2015

Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 31st July / 1st August, 2015


• Decrease in Retail Selling Price of Petrol by Rs. 2.43/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Petrol in Delhi will become Rs. 64.47/litre.

• Decrease in Retail Selling Price of Diesel (Retail) by Rs. 3.60/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Diesel in Delhi will become Rs. 46.12/litre.



Prices of Petrol and Diesel were last revised w.e.f. 16th July'15. Since last price change, there has been a decrease in international prices of both Petrol & Diesel. INR-USD exchange rate has, however, depreciated during this period. Combined impact of both these factors warrants a downward revision in prices, the impact of which is being passed on to the consumers with this price decrease.

The movement of prices in international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.


For Petrol prices click here
For Diesel prices click here