Petrol, diesel prices reduced; biggest cut in last 10 days; here are city-wise rates

Fuel prices
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The Hush Post: Providing some relief to the people across the country, petrol rates have been slashed by 21 paisa per litre and diesel rates were also cut down by 15 paisa per litre on Wednesday.

According to new rate chart, petrol prices in Delhi now stand at Rs 77.63, in Mumbai 85.45, in Kolkata Rs 80.28 and in Chennai Rs 80.59 on Friday i.e June 8. Diesel prices in Delhi are Rs 68.73. One litre of diesel in Mumbai will cost Rs 73.17, a report said.

In Kolkata and Chennai today rates stand at Rs 71.28 and Rs 72. 56, as per the rates published by Indian Oil Corporation (IOC) on its website. Prices have been cut for 10 consecutive days and it is the biggest cut since fuels’ rates soared. Revised rates are applicable from 6:00 am on Friday, June 8, 2018.

This came a day after, Union Oil minister Dharmendra Pradhan had voiced optimism that petroleum products will be brought under the GST purview that will help in checking volatility in fuel prices. “In the long run, petroleum products are bound to be included within the ambit of the GST regime … It is only a matter of time. It will immensely help in containing prices of petrol and diesel,” Pradhan was quoted saying in Bhubaneswar.

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