Diesel, petrol prices fall across country as oil companies cut price

WION Web Team New Delhi, Delhi, India Oct 18, 2018, 09.36 AM(IST)

File photo. Photograph:( Zee News Network )

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The diesel price mark was Rs 75.58 per litre in Delhi and for Mumbai, the price was Rs 79.24 per litre -- both a decrease by 11 paise

Petrol and diesel prices were reduced on Thursday for the first time in over two months because of a drop in the cost of production, according to state-owned oil firms.

Petrol price was cut by 21 paise per litre and diesel by 11 paise, a price notification issued by state retailers said.

This is the first price cut arising from a drop in international oil prices.

 The petrol price in the national capital settled at Rs 82.62 per litre, a decrease of 21 paise and that in Mumbai was Rs 88.08 per litre also a cut by 21 paise. 

The diesel price mark was Rs 75.58 per litre in Delhi and for Mumbai, the price was Rs 79.24 per litre -- both a decrease by 11 paise. 

In the two other metro cities, the same cut was seen. In Kolkata, the petrol price settled at Rs 84.44 per litre and in Chennai, it was Rs 85.88 per litre a cut by 22 paise. The price for diesel in Kolkata was Rs 77.43 per litre and in Chennai, it was Rs 79.93 per litre.