Petrol prices have been cut by 1 rupee per litre which will be in effect from today midnight. Petrol will now cost Rs 66.09 for Delhi, Rs 73.48 for Kolkata, Rs 69.08 for Chennai and Rs 72.88 for Mumbai. The last reduction took place on April 1 where the petrol price was reduces by 85 paise.
The price reduction is result of decline in international crude price from $119.23 per barrel to $116.61 per barrel. There is no change in diesel price even though the government was planning to increase the diesel price by 40-50 paise a litre.
