Petrol prices have been hiked by Rs 1.55 per litre with effect from Sunday midnight. 

This is the fourth increase in the rates since last month.

Petrol price hike is due to the increasing oil pricing in international market and the Indian government has no control over the international market pricing.

Last time oil companies raised petrol rates by Rs 1.82 a litre on June 29. This rate excluded local sales tax or VAT. Actual increase will be higher and will vary from city to city depending on local taxes.

Only way by which the common man get relief is if the state government reduces the local taxes in their respective states. (PTI)