Petrol And Diesel Prices Slashed For Tenth Consecutive Day

The prices for petrol and diesel have fallen by 21-22 paise per litre and 15-16 paise per litre respectively in Delhi, Kolkata, Mumbai and Chennai, compared with the previous day's rates. In Delhi, petrol now costs Rs. 77.42 per litre, and diesel costs Rs. 68.58 per litre. On Thursday, price for petrol was Rs. 77.63 per litre, while diesel price was Rs. 68.73 a litre in Delhi. Besides Delhi, the revised petrol prices in other metro cities are - Rs. 80.07 in Kolkata, Rs. 85.24 in Mumbai and Rs. 80.37 in Chennai. The revised diesel prices in other metro cities are - Rs. 71.13 in Kolkata, Rs. 73.02 in Mumbai and Rs. 72.40 in Chennai.

Also Read: Fuel Prices Hiked For Sixteenth Consecutive Day; Petrol Price Crosses Rs. 78 In Delhi

A fortnight ago, fuel prices in the country touched its peak for the 16th consecutive day, as petrol is being sold at Rs. 78.43 per litre in Delhi while Mumbai retailed it at Rs. 86.24 per litre. The cost of diesel per litre went up to Rs. 69.31 per litre in the national capital and Rs. 73.79 a litre in Mumbai.

Also Read: Kerala To Reduce Petrol And Diesel Prices By Re. 1, From June

However, it was the Kerala State government that took the charge and announced a price reduction of Re. 1 on both petrol and diesel from June 1, 2018. Chief Minister Pinarayi Vijayan announced the price cut saying that the state government decided to lower the taxes in order to bring the retail cost down for consumers. Kerala became the first state in the country that decided to mitigate the impact of higher global prices on customers.