Petrol price has been increased by 56 paise per litre, while High Speed Diesel (HSD) has seen an increase of Rs 2.96 per liter for the fortnight starting January 1, 2025.
According to a Finance Ministry notification, the price of petrol is now Rs 252.66 per litre, and the HSD has increased to Rs 258.34 per litre.
There were earlier reports. Speculations A higher hike of Rs 3.62 per liter for HSD and a minimum hike of 11 paise for petrol.
Energy experts point out that the premium on oil is $8.69 per barrel. This calculation was done keeping in mind the current rate of petroleum levy, general sales tax and currency exchange rate.