State oil marketing companies has increased the price of petrol by Rs 2 a litre, as rupee has depreciated following unrest in Iraq.
Companies has also raised price of diesel by about 56 paise in the Capital
Report stated that Oil marketing companies,wanted a steeper increase in petrol price, but they settled for Rs 2 a litre hike due to political reasons.
The price of petrol was last increased by about 75 paise on March 1 this year.
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