Petrol price slashed by ₹0.89; diesel down ₹0.49
Oil companies on Tuesday slashed the price of petrol by ₹0.89/litre and the price of diesel by ₹0.49/litre, effective midnight. Petrol and diesel in Delhi will now cost ₹64.76/litre and ₹54.70/litre respectively. "The current level of international product prices of Petrol & Diesel and INR-USD exchange rate" warrants decrease in the price of petrol and diesel, state-owned IOCL said.