Petrol, diesel prices cut for fourth straight day

Petrol, diesel prices cut for fourth straight day
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New Delhi: Petrol and diesel prices fell for the fourth consecutive day on Sunday. Oil marketing companies continued to cut fuel prices by 18-20 paise per liter across different metro cities.

Petrol prices in the national capital reached below Rs. 71-mark, its lowest level since September 12, 2019. Whereas, diesel has touched its lowest level since January 12 last year.

Petrol prices have dropped 61 paise a liter in the National Capital Region (NCR) over the past four days, while the prices of diesel have come down by 52 paise a liter.

The consumers heaved a sigh of relief as the fuel prices have continued to fall due to the sharp fall in the prices of crude oil in the international market in the wake of the coronavirus outbreak.

Oil marketing companies on Sunday cut petrol prices by 19 paise in Delhi and Kolkata, 18 paise in Mumbai and 20 paise a liter in Chennai. While, diesel dipped 18 paise in Delhi and Kolkata, 19 paise in Mumbai and 20 paise in Chennai.

According to the Indian Oil’s website, the prices of petrol in Delhi, Kolkata, Mumbai, and Chennai have come down to Rs. 70.83, Rs. 73.51, Rs. 76.53 and Rs. 73.58 per liter, respectively. (IANS)

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