New Delhi: Petrol price on Friday was hiked by 36 paise a litre and diesel price was cut by 7 paise. The revised rates will take effect from midnight. Petrol will cost now at Rs 64.57 a litre in Delhi as against Rs 64.21 currently.

The petrol prices have increased three times in just two months.

The diesel litre will cost Rs 52.52 as compared to Rs 52.59.

“The current level of international product prices of Petrol & Diesel and rupee-dollar exchange rate warrant increase in selling price of Petrol and decrease in selling prices of Diesel, the impact of which is being passed on to the consumers with this price revision,” said Indian Oil Corporation, the country’s largest fuel retailer.

Petrol price was last hiked on September 16.

Earlier in the day, the natural gas prices were slashed by 18%.