Petrol and diesel rates were cut on Tuesday as the new daily price revision entered its fifth day. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum implemented a new system of petrol and diesel price revision from June 16, wherein the prices are reviewed and changed on a daily basis, instead of the fortnightly system earlier. After Tuesday’s revision, the per litre rates of petrol in the four major cities were Rs. 64.55 in New Delhi, Rs. 67.30 in Kolkata, Rs. 75.78 in Mumbai and Rs. 67.04 in Chennai. Diesel rates were Rs. 53.96 per litre, Rs. 56.12 per litre, Rs. 59.34 per litre and Rs. 56.85 per litre, respectively.
Indian Oil, the country’s largest fuel retailer, successfully rolled out daily price revision through its network of 26,000 plus petrol pumps from 6:00 am on June 16. Read More…
Credit By : NDTV
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