Petrol, diesel prices cut by 9 paise per litre

Petrol, diesel prices were reduced for the fourth straight day on Saturday

PTI5_22_2018_000227B [File] A board outside a fuel station displaying the current fuel prices, in Ranchi | PTI

Prices for petrol and diesel were cut by nine paise on Saturday. The petrol, diesel prices were reduced for the fourth straight day after 16 days of continuous upward revisions. 

In Delhi, petrol now costs Rs 78.20 a litre, and diesel costs Rs 69.11 per litre.

On Friday, price for petrol was Rs 78.29 per litre, while diesel price was Rs 69.20 a litre in the national capital.

The revised petrol prices in other metro cities are—Rs 80.84 in Kolkata, Rs 86.01 in Mumbai and Rs 81.19 in Chennai.

Meanwhile, the revised diesel prices in other metro cities are—Rs 71.66 in Kolkata, Rs 73.58 in Mumbai and 72.97 in Chennai. 

The reductions follow 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, petrol price was hiked by Rs 3.8 per litre and diesel by Rs 3.38. 

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