New Delhi: Prices for petrol and diesel have fallen by 7 paise and 5 paise per litre respectively. This is the second reduction in fuel prices in as many days. The reason behind the drop in prices was softening of international oil rates.
Petrol in Delhi now costs Rs 78.35 per litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel price has been cut to Rs 69.25 per litre from Rs 69.30.
This is the second reduction in rates coming after a 16 day relentless fuel price rise that followed lifting of a nearly three-week hiatus on price revision just before Karnataka went to polls.
Yesterday, petrol and diesel prices were cut by 1 paisa a litre each. That reduction followed rates touching an all-time high of Rs 78.43 per litre for petrol and Rs 69.31 for diesel in Delhi on Tuesday.
Prices vary from state-to-state depending on local sales tax or VAT. Delhi has the cheapest price among all metros and most state capitals.
In the 16 consecutive increases since May 14, the price for petrol went up by Rs 3.8 per litre and diesel by Rs 3.38 per litre.
Petrol in Delhi now costs Rs 78.35 per litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel price has been cut to Rs 69.25 per litre from Rs 69.30.
This is the second reduction in rates coming after a 16 day relentless fuel price rise that followed lifting of a nearly three-week hiatus on price revision just before Karnataka went to polls.
Prices vary from state-to-state depending on local sales tax or VAT. Delhi has the cheapest price among all metros and most state capitals.
Advertisement
COMMENTS
Advertisement
Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation" India Only Nation Where Petrol, Diesel Prices Declined In Last 3 Years: Minister Petrol, Diesel To Get Costlier In Goa After Hike In Value Added Tax (VAT) Mamata Banerjee's Sunday Ultimatum To CBI For Death Penalty In Rape-Murder Who Is Jasveen Sangha, "Ketamine Queen" Charged With Matthew Perry's Death "Don't Expect Anything From Me": Kolkata Hospital's New Principal Loses Cool PM Shri Schools Are Inspiring Rural Children: Dharmendra Pradhan Will Messages From Budget Session Of Parliament Find Reflection In Subsequent Sessions? Mpox Outbreak Could Soon Turn Into The Next Global Pandemic. Know More Track Latest News Live on NDTV.com and get news updates from India and around the world.