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Petrol price cut by 80 paise/litre, diesel by Rs 1.30/litre


New Delhi: Petrol price was today cut by 80 paise a litre and diesel by Rs 1.30 per litre, the second reduction in rates this month.

The reduction will be effective from midnight tonight, Indian Oil Corp (IOC) said.

After the cut, petrol will cost Rs 59.20 a litre in Delhi and diesel will be available Rs 47.20/litre.

Prices of petrol and diesel were last revised downwards with effect from April 2 by Rs 0.49/litre and Rs 1.21/litre respectively.

“Since last price change, the trend of international prices of petrol & diesel and INR-USD exchange rate warrant a further downward revision in prices, the impact of which is being passed on to consumers with this price decrease,” IOC said.

Following are the revised rates of petrol and diesel in four metros after oil firms cut prices with effect from midnight tonight:

  Current Price Revised Price  Decrease
Delhi        60.00       59.20   0.80
 Kolkata         67.48        66.81 0.67
 Mumbai         67.53           66.69 0.84
 Chennai        62.75           61.90  0.85


  Current Price Revised Price Decrease
Delhi  48.50  47.20  1.30
Kolkata  53.23  52.08  1.15
Mumbai  55.69  54.26  1.43
Chennai  51.61  50.21  1.40

(All Rates in Rs/litre)

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