Petrol, diesel prices cut again as global oil rates soften

NEW DELHI: A day after keeping petrol and diesel prices unchanged, the oil marketing companies (OMC) on Tuesday reduced fuel prices further in line with the downward movement of global oil and product prices.

Accordingly, the pump price of petrol and diesel was cut 15 paise per litre to Rs 101.49 a litre and Rs 88.92 a litre respectively in Delhi.

Across the country as well fuel prices were cut between 10-20 paise per litre but its retail rate varied depending on the level of local taxes in states.

Petrol prices in Mumbai and Kolkata, are now at Rs 107.53 and Rs 101.82 per litre respectively while in Chennai, petrol is priced at Rs 99.20.

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