Petrol, diesel rates to be revised daily from June 16

​New Delhi: 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.