NEW DELHI: A Re one per litre hike in petrol and Rs 2.28 a litre increase in diesel prices necessitated due to firming global oil rates has been put off by state-owned oil companies apparently because of assembly elections in Bihar.
State-owned IOC, BPCL and HPCL were to revise petrol and diesel prices on Wednesday as per the practice of adjusting retail pump rates every fortnight after taking into account the average international oil prices and foreign exchange rate in the previous 15 day period.
TOI
