Oil-marketing companies increased the prices of petrol, whereas diesel prices were cut across the four metro cities on Saturday. Petrol prices were raised by 5 paise in all four metros.
Petrol is priced at Rs. 72.81 per litre in New Delhi, Rs. 74.89 per litre in Kolkata, Rs.78.43 per litre in Mumbai and Rs. 75.62 per litre in Chennai, according to Indian Oil Corporation (IOC).
Diesel rates stood at Rs. 66.60 per litre in New Delhi, Rs. 68.39 per litre in Kolkata, Rs. 69.76 per litre in Mumbai and Rs. 70.37 per litre in Chennai. Diesel rates were reduced by 5 paise in Delhi, Mumbai and Kolkata, while it was cut by 6 paise in Chennai.
Petrol and diesel rates are decided on a daily basis by oil-marketing companies on the basis of the rupee-dollar rate and global crude oil prices. Read More