Petrol price cut by Rs 1.27 per litre; diesel by Rs 1.17



News:

  • Fuel retailers review petrol and diesel prices every fortnight and make adjustments based on the global rates of the products.
  • Since last price change, there has been a decrease in international prices of both petrol and diesel, exchange rate depreciated.
  • “Combined impact of these factors warrants a downward revision in prices, the impact of which is being passed on to the consumers with this price decrease,” Indian Oil Corp, the nation’s largest fuel retailer said.

Source: ET

 


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