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This article was first published 13 years ago

Petrol price further cut by 78 paise a litre

Last updated on: November 30, 2011 20:56 IST

Image: Global oil rates have softened.

Petrol price has been cut by Rs 0.78 per litre, the second reduction in two weeks.

The reduction was lower than the anticipated Re 1 per litre because of firming of international prices and drop in rupee during past 48-hours.

Following are the revised rates of petrol in the four metros after the second reduction in rates in two weeks. New rates are effective midnight on Wednesday. 

City

Current price

New price

Reduction

Delhi

66.42

65.64

0.78

Kolkata

70.84

70.02

0.82

Mumbai

71.47

70.65

0.82

Chennai

70.38

69.55

0.83

All rates in rupees per litre

...

Petrol price further cut by 78 paise a litre

Image: Petrol price was hiked this month.

Petrol in Delhi will cost Rs 65.64 per litre against Rs 66.42 a litre currently.

...

Petrol price further cut by 78 paise a litre

Image: Gasoline (petrol) averaged $115.8 per barrel.

The reduction comes on back of a 3.2 per cent or Rs 2.22 per litre cut in rates effected from November 16.

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