Petrol price cut by 21-22 paise, diesel by 15-16 paise

Petrol, diesel prices cut for 10th straight day

INDIA-OIL-ENERGY-PETROL Representational image | File

Prices for petrol and diesel have fallen by 21-22 paise per litre and 15-16 paise per litre, respectively in Delhi, Kolkata, Mumbai and Chennai, compared with the previous day's rates.

In Delhi, petrol now costs Rs 77.42 a litre, and diesel costs Rs 68.58 per litre.

On Thursday, price for petrol was Rs 77.63 per litre, while diesel price was Rs 68.73 a litre in Delhi.

Besides Delhi, the revised petrol prices in other metro cities are Rs 80.07 in Kolkata, Rs 85.24 in Mumbai and Rs 80.37 in Chennai.

The revised diesel prices in other metro cities are Rs 71.13 in Kolkata, Rs 73.02 in Mumbai and Rs 72.40 in Chennai. 

This is for the  the 10 straight day. 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 May 29.

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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