Fuel prices have been on a decline in recent times, oil marketing firms slashing petrol prices by over Rs 3 in national capital Delhi in the last two weeks alone. One litre of petrol is now retailing at Rs 79.55, down by Rs 3.28 from October 17th high of Rs 82.83. In Mumbai, petrol prices have dipped by Rs 3.25 in the last fortnight alone, and selling for Rs 85.04 today.
In case of Chennai, the overall relief works out to Rs 3.45. One litre of petrol is now retailing at Rs 82.65 in the city. In case of Kolkata, petrol prices have fallen by Rs 3.22. Petrol prices remained unchanged in the major metros on Wednesday. The latest prices are applicable from 6 am this morning.
Providing respite to consumers, oil marketing companies (OMCs) slashed the prices of petrol and diesel for the 13th straight day on Tuesday amid softening global crude prices. While petrol saw a decline of 20-21 paise across all the metro cities, diesel also become cheaper by 7-8 paise per litre yesterday. Read More
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