POL prices expected to increase in June


The price of petroleum products are expected to increase in June, industry sources said on Thursday.

The per litre price of diesel may rise by Rs 6.20 and petrol by Rs 5.80. A staggering Rs 11 increase may be seen in the price of HOBC.

The reason for the price increase is the turmoil in Yemen which has led to an increase in crude oil price in the international market.