Petrol, diesel prices to be revised daily

Update: 2010-09-15 00:00 GMT

NEW DELHI, June 8 - Come June 16 and petrol as well as diesel prices across the country will be revised on a daily basis in sync with international rates as happens in most advanced markets.

After the successful pilot in five cities, state-owned oil companies will from June 16 revise rates on a daily basis across all the 58,000 petrol pumps in the country.

Petrol and diesel price will change on a daily basis by a few paisa per litre depending on movement of oil prices in international market and variation in foreign exchange rates. � PTI

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