After two sets of reductions in petrol prices last month, oil marketing companies will raise petrol prices by 70 paise-91 paise effective midnight tonight, Indian Oil said in a release. The effective hike in Delhi will be 70 paise, which will push up prices to Rs 68.48. The hike comes after a Rs 2.46 price cut on 29 June, which followed a Rs 2.02 per litre cut on June 3.
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