Petrol price on Wednesday fell below Rs 74 per litre mark for the first time since April as the six-week-long price reduction spree wiped off all of the massive price hikes witnessed in petrol and diesel rates earlier this year.
Petrol price in Delhi was cut by 50 paisa to Rs 73.57 per litre, according to a price notification issued by state-owned fuel retailers. This is the lowest petrol price since April. Diesel rates were cut by 40 paisa to Rs 68.89 a litre, the notification said.
With this, the reduction in rates in last six weeks totals Rs 9.26 per litre on petrol and Rs 7.2 per litre on diesel. Reaad More