Petrol Prices Cut By 74 Paise/Litre, Diesel By Rs. 1.30/Litre

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Petrol and diesel prices across India have been slashed after 2 months of rising prices.

Petrol prices have cut by 74 paise/litre while diesel prices have dropped by Rs. 1.30/litre.

Petrol now cost Rs. 61.13/lire in the national capital of Delhi as opposed to the previous price of Rs 61.87/litre.

Diesel meanwhile has dropped to Rs 48.01/litre compared to the previous price of Rs 49.31/litre.

The Indian Oil Corporation explained the price drop stating, "The current level of international product prices of petrol and diesel and Indian Rupee-US Dollar exchange rate warrant decrease in price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision."

Read more on: #petrol #diesel #auto news
Story first published: Monday, April 18, 2016, 9:58 [IST]
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