Fuel prices slashed, petrol cheaper by Rs 1.42 per litre, diesel by Rs 2.01 per litre

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petrol price cut

Fuel prices were reduced for the third consecutive time as prices of petrol and diesel were reduced by Rs. 1.42 and Rs. 2.01 per litre respectively. The new prices come into effect from the midnight of 31st July / 1st August. While petrol will now cost Rs. 61.09 per litre, diesel will cost Rs. 52.27 per litre in Delhi.

In a statement, Indian Oil corporation, said, “The current level of international product prices of Petrol & Diesel and INR-USD exchange rate warrant decrease in price of Petrol and increase in price of Diesel, the impact of which is being passed on to the consumers with this price revision. The movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.

Following are the city-wise prices for petrol and diesel:

Petrol

Cities

Old Prices

New Prices

Delhi

62.51 61.09

Kolkata

66.03 64.97

Mumbai

67.11

65.70

Chennai 62.00

60.65

Diesel

Cities

Old Prices New Prices

Delhi

54.28 52.27

Kolkata

56.48 54.57
Mumbai 59.60

57.47

Chennai 55.82

53.73

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