Petrol prices cut by Rs 2 a litre
The prices were hiked last week considering the gasoline price of USD 124.37 per barrel and rupee-dollar exchange rate of Rs 53.17 in early May. Gasoline price has fallen to USD 115.77 per barrel in the second fortnight of May but rupee-dollar exchange rate has worsened.
PTI
Story first published: Monday, June 4, 2012, 11:49 [IST]