Petrol price cut by Rs 3.77 a litre, diesel by Rs 2.91
The price of petrol
is cut by Rs 3.77 per litre and that of diesel by Rs 2.91 a litre, the first
change in rates in two-and-a-half months.
The price of petrol is
cut by Rs 3.77 per litre and that of diesel by Rs 2.91 a litre, the first
change in rates in two-and-a-half months.
State-owned oil firms
cut rates with effect from midnight tonight. Petrol currently costs Rs 71.14 a
litre in Delhi and Diesel is priced at Rs 59.02 per litre.
Petrol price will be
cut by Rs 3.77 per litre, excluding state levies, said Indian Oil Corp (IOC). Actual decrease will be larger
after taking into account the local levies.
Similarly, diesel rate
was cut by Rs 2.91, excluding state levies.Rates were last revised on January
16 when price of petrol went up by 54 paise. On that date, diesel rates were
hiked by Rs 1.20 a litre."The current level of international product
prices of petrol and diesel and INR-USD exchange rate warrant decrease in
selling price of petrol and diesel, the impact of which is being passed on to
the consumers with this price revision," IOC said in a statement.
IOC said the movement of prices in the international oil
market and INR-USD exchange rate shall continue to be monitored closely and
developing trends of the market will be reflected in future price changes
good news for Indian people....thanx Adviser street
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