Fuel prices cut for third straight day

NEW DELHI, OCT 20 (AGENCIES/NPN) | Publish Date: 10/20/2018 12:14:52 PM IST

Oil-marketing companies slashed the prices of petrol and diesel across the four metro cities for the third straight day on Saturday. Petrol was priced at Rs. 81.99 per litre in New Delhi, Rs. 83.83 per litre in Kolkata, Rs. 87.46 per litre in Mumbai and Rs. 85.22 per litre in Chennai, according to Indian Oil Corporation (IOC). 

Diesel was sold at Rs. 75.36 per litre in New Delhi, Rs. 77.21 per litre in Kolkata, Rs. 79.00 per litre in Mumbai and Rs. 79.69 per litre in Chennai. Petrol and diesel rates are decided on a daily basis by oil-marketing companies on the basis of the rupee-dollar rate and global crude oil prices.

On Saturday, the petrol price in Dimapur was Rs.77.65 per litre and Rs.77.83 in the state capital while diesel rates fell to Rs.70.79 per litre in Dimapur and Rs.70.95 per litre in Kohima.

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.


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