Petrol price further cut by 78 paise a litre

New Deli, Dec 1: Oil marketing companies have cut the petrol prices by Rs 0.78 per litre on Wednesday (Nov 30) providing a huge relief to consumers battling high inflation in the country. The price cut has already come into effect from Wednesday (Nov 30) midnight.

Country's largest oil retailer giant, IndianOil Corp (IOC) said a fall in global crude prices was the reason it could bring down prices of petrol.

From now, petrol will now cost Rs 66.42 per litre in Delhi, Rs 70.65 in Mumbai, Rs 70.03 in Kolkata and 69.55 in Chennai.

Earlier, Petrol prices were slashed on Nov 15 by Rs.1.85 per litre. The cut was the first after January 2009.

OneIndia News