Petrol price cut by 22 paise, diesel by 23 paise
Petrol and diesel prices were cut on Tuesday for the third time within a week thanks to softening international oil prices.
image for illustrative purpose
New Delhi: Petrol and diesel prices were cut on Tuesday for the third time within a week thanks to softening international oil prices. Petrol price was cut by 22 paise per litre and diesel by 23 paise per litre, according to a price notification of state-owned fuel retailers. Petrol now costs Rs 90.56 per litre in Delhi and a litre of diesel comes for Rs 80.87.
Rates have been reduced across the country. However, prices vary from state to state depending on the local incidence of taxation (VAT). In Mumbai, the petrol price was cut to Rs 96.98 a litre on Tuesday from Rs 97.19, while diesel rates were reduced to Rs 87.96 from Rs 88.20, the price notification showed.
Fuel prices were reduced for the first time in six months on March 24, and thereafter on March 25 as well after international oil prices fell on prospect of speedy recovery in consumption getting clouded by the second wave of Covid-19 cases. They had remained on freeze thereafter as global rates edged up after one of the world's most vital waterways clogged.
