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IOC to raise diesel prices by 4.1 pct from Thursday

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Reuters NEW DELHI
Last Updated : Mar 16 2016 | 10:07 PM IST

NEW DELHI (Reuters) - Indian Oil Corp (IOC) will raise the price of diesel by 4.1 percent from Thursday and up the price of gasoline by about 5.4 percent, reflecting changes in global fuel prices, the company said in a statement.

India's three state-controlled oil companies, IOC, BharatPetroleum Corp Ltd and Hindustan Petroleum Corp Ltd, tend to adjust retail prices of fuels inconcert.

(Reporting by Sankalp Phartiyal, editing by David Evans)

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First Published: Mar 16 2016 | 9:49 PM IST

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