Petrol and diesel prices cut for the second day ahead of assembly elections
NEW DELHI: State-owned oil marketing companies (OMCs) cut petrol and diesel prices for the second day on Thursday, in the run-up to assembly elections in West Bengal, Assam, Kerala, Tamil Nadu, and Puducherry.
As a result, petrol and diesel prices fell by 21 paise per litre and 20 paise per litre in Delhi respectively on Thursday. While petrol retailed at Rs90.78 per litre, diesel sold for Rs81.10 per litre in the national capital.
While there was a moderation in global crude oil prices after maintaining an upward trajectory, prices spiked again on Wednesday with the blocking of the Suez Canal. On Thursday, however, oil prices fell due to growing concerns over lockdowns to contain increasing number of coronavirus cases.
