rediff.com

Rediff News  All News 
    »  » Petrol prices SLASHED by over Rs 2.20 a litre

Petrol prices SLASHED by over Rs 2.20 a litre

Last updated on: November 15, 2011 19:06 IST

Global oil rates have softened.

Next

Petrol price was slashed by Rs 2.22 a litre, the first reduction in 33 months.

Petrol in Delhi will cost Rs 66.42 per litre with effect from midnight tonight as against Rs 68.64 a litre now.

Table of petro price in 4 cities

Following are the revised rates of petrol in the four metros after on Tuesday's cut in prices. New rates are effective midnight of Tuesday. 

City

Current price (Rs)

New price (Rs)

Reduction

Delhi

68.64

66.42

2.22

Kolkata

73.15

70.84

2.31

Mumbai

73.81

71.47

2.34

Chennai

72.73

70.38

2.35

Click NEXT to read more...


Image: Global oil rates have softened.

     Next

Petrol prices SLASHED by over Rs 2.20 a litre

Last updated on: November 15, 2011 19:06 IST
Prev

Petrol price was hiked this month.

Next

The reduction comes days after state-owned oil companies raised petrol prices by a steep Rs 1.80 per litre.

State-owned oil companies passed on Rs 1.85 a litre that they gained from a fall in global oil prices and a marginal appreciation in rupee value.

Click NEXT to read more...


Image: Petrol price was hiked this month.

Prev     Next

Petrol prices SLASHED by over Rs 2.20 a litre

Last updated on: November 15, 2011 19:06 IST
Prev

Gasoline (petrol) averaged $115.8 per barrel.

More

Adding 20 per cent local sales tax, the decrease in Delhi comes to Rs 2.22 per litre.

The reduction in Mumbai was Rs 2.34 per liter while in Kolkata it was Rs 2.31 a litre. The price cut in Chennai was Rs 2.35 per litre.

Click NEXT to read more...



Image: Gasoline (petrol) averaged $115.8 per barrel.

Prev     More
© Copyright 2012 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.