Petrol prices reduced by 8 paise, diesel remains unchanged

Petrol prices reduced by 8 paise, diesel remains unchanged


Since January 1, petrol prices have risen by Rs 6.46 a litre and diesel by Rs 8.21. (Photo: Reuters)

HIGHLIGHTS

  • Petrol, diesel cheapest in Delhi, most costly in Mumbai.
  • People in Mumbai are paying Rs 84.18 per litre for petrol.
  • Cut comes after prices remained constant for two days.

Petrol prices were reduced by eight paise while rates of diesel remained unchanged on Friday morning. This comes after petrol prices remained constant for two days.

On Friday, petrol was priced at Rs 76.35 per litre in Delhi, while diesel remained at Rs 67.85 a litre. Among the metropolitan cities, fuel was the cheapest in Delhi, followed by Kolkata.

After hitting an all-time high of Rs 78.43 a litre for petrol and Rs 69.31 for diesel on May 29, rates have been cut on 15 occasions thereafter as crude oil prices in the international market softened and the rupee strengthened against the US dollar.

Despite the cut in fuel prices, people in Mumbai are the most burdened as they have to shell out Rs 84.18 for a litre of petrol. In Chennai and Kolkata, the dear fuel was priced at Rs 79.24 and Rs 79.02 per litre on Friday morning.

Meanwhile, similar to petrol, price of diesel was highest in Mumbai at Rs 72.24 per litre. Prices in other cities also remained unchanged from those on Thursday.

Since January 1, 2018, petrol prices have risen by Rs 6.46 a litre and diesel by Rs 8.21. Petrol price in Delhi was Rs 71.41 a litre and diesel was priced at Rs 56.71 when the present BJP-government took office.

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