Petrol, diesel prices slashed for third day in a row. Check latest rates
New Delhi: Fuel prices have been cut for the third day in a row on Saturday. Petrol prices are down by 12 paise and diesel price has also been slashed by 12 paise in the national capital. Petrol and diesel prices have receded by over ₹4 since the beginning of the year. The global impact of coronavirus has been steering the oil price trends.
In Delhi, petrol is now selling at ₹71.02 compared to ₹71.14 on Friday whereas diesel is selling at ₹63.69. In Mumbai, petrol’s cost has been brought down by 12 paise to ₹76.71 and diesel is priced at ₹66.69 a liter, which is 13 paise cheaper compared to yesterday. In Chennai, a liter of petrol will cost ₹73.70, down by 12 paise and diesel will sell at ₹67.21 a liter which is 13 paise cheaper compared to Friday’s price.
The fall in prices can be attributed to a massive cut in global oil prices on Friday. According to a report by Reuters, Russia rejected pleas by OPEC+ countries to make extra reduction in oil output.
