Fuel price goes down marginally

Prices of both petrol and diesel across the country witnessed a dip on Thursday, bringing respite to consumers.

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.

The prices of fuels on October 16 and October 17 remained constant. In Delhi, the petrol price settled at Rs 82.83 per litre and in Mumbai, it remained Rs 88.29 per litre.

The Centre had recently cut the excise duty by Rs 1.50 per litre and asked PSU oil firms to subsidise fuel by Re 1. Thereafter other states followed suit and announced a cut in fuel prices. Maharashtra and Gujarat governments were among the first to announce a matching Rs 2.50 cut.

 

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