Friday 16 November 2012

Petrol prices slashed by 95 paise


Petrol price was cut by 95 paise per litre on Thursday, the second reduction in rates since October, on account of fall in international oil prices.

Petrol in Delhi would cost Rs 67.24 a litre from midnight tonight, down 95 paise from Rs 68.19 a litre.
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Prices vary from city to city due to differential local sales tax or VAT rates.

The last reduction in petrol price before this was the 56-paise cut to Rs 67.90 a litre on October 9. Thereafter, the rate was hiked by 29 paise following government decision to raise the commission paid to petrol pump dealers... Read More

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