Premium petrol up Rs 2 per litre amid global oil spike

NEW DELHI: Feeling the pinch of a surge in global crude prices, oil marketing companies on Friday increased the retail price of 95-octane premium petrol by nearly Rs 2 a litre and jacked up the rates of industrial diesel by Rs 22 a litre.

At the same time, IndianOil, the country’s largest fuel retailer vowed to adopt a “responsible pricing” strategy in an indication that pump prices for normal petrol and diesel may not be raised immediately.

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