Petrol, Diesel Prices reduced

     Written by : SMTV24x7 | Mon, Jun 04, 2018, 11:42 AM

Petrol, Diesel Prices reduced

New Delhi, June 04: Petrol and diesel prices were reduced by 14-15 paise per liter across Delhi, Kolkata, Mumbai and Chennai on Monday. While petrol prices were cut for the sixth day in a row, diesel prices were lowered for five days in six.

In six days, petrol prices have been lowered by 47 paise per liter in Delhi and Mumbai, 46 paise per liter in Kolkata and 49 paise per liter in Chennai, data from Indian Oil Corporation shows. Diesel prices have come down by 34 paise per liter in Delhi and Kolkata, and 36 paise per liter in Mumbai and Chennai.

With effect from 6 am on Monday, June 4, petrol prices were at Rs. 77.96 per liter in Delhi, Rs. 80.6 per liter in Kolkata, Rs. 85.77 per liter in Mumbai and Rs. 80.94 per liter in Chennai, Rs. 82.59 per liter in Hyderabad, according to Indian Oil Corporation, the country's largest fuel retailer. Diesel prices were at Rs. 68.97 per liter, Rs. 71.52 per liter, Rs. 73.43 per liter and Rs. 72.82 per liter, Rs. 74.97 respectively.

Currently, petrol and diesel prices are deregulated in India. The fuel prices are revised at fuel stations with effect from 6 am every day, determined broadly by global crude oil and rupee-dollar forex rates.