Petrol price was cut at the beginning of July by 89 paise a litre and diesel by 49 paise a litre, the first decrease in rates in two months. Petrol will cost Rs.64.76 a litre in Delhi as compared to Rs.65.65 per litre currently, Indian Oil Corp, the nation´s largest fuel retailer, announced. Similarly, diesel will cost Rs.54.70 per litre as against Rs.55.19 a litre.
Tag: Petrol price
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Rs 1.50 cut likely in petrol price
A small slash in petrol price is awaiting the customers before this Diwali. There may be Rs 1.50 cut in petrol price per litre as favourable changes in the rupee-dollar rate and softer international prices have set the tone in the direction.
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Petrol price slashed, diesel costs more
Petrol price was steeply cut by Rs 3.05 per litre on September 30. The price changes announced by oil companies are excluding local sales tax or VAT and will be effective midnight of September 30. It was the first reduction in rates in over five months and the steepest in over five years, while diesel prices were raised by 50 paise a litre.