Petrol-diesel prices today witness a great cut

Petrol station fuel pump nozzles

There has been a consistent dip in the fuel prices due to a fall in crude oil price over a period of time. Hence there is a price cut of Rs 0.19/litre and 0.12/litre in petrol and diesel respectively. In Mumbai, petrol is sold for Rs 84.49 per litre and diesel at Rs 77.06.

The downward slide in petrol and diesel prices continued on Saturday after the rates were cut by 19 and 11 paise a litre respectively in the national capital on softening worldwide oil prices.

In Delhi, petrol now costs Rs 78.99 a litre, while diesel is sold at Rs 73.53, according to a price notification issued by state-owned oil firms.

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"Every motorist driving a petrol vehicle should feel aggrieved that the price of a litre stayed the same in October when it should have fallen by more than 3p", he said.

Lanka IOC has revised prices of its auto fuels from midnight yesterday following a review of auto fuels by the government. "Petrol and diesel prices in #Mumbai are Rs 84.49 per litre (decrease by Rs 0.19) and Rs 77.06 per litre (decrease by Rs 0.12), respectively", the news agency ANI reported. Earlier, fuel prices hit record high before coming down gradually.

"We strongly urge all retailers to lower their petrol prices in line with the reduced wholesale cost of unleaded", he announced.

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