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Petrol and Diesel price drop by Rs. 2.00

New Delhi, Public sector oil marketing companies announced a cut in the retail selling price of petrol and diesel by ₹ 2 a litre, in Delhi with a corresponding decrease in other States. The decrease includes State levies and will vary from state to state.

The new prices are effective from midnight of December 15/December 16.

“The international prices of both petrol and diesel have continued to be on a downtrend. The rupee-dollar exchange rate, however, has appreciated since the last price change and the combined impact of both these factors warrant a decrease in retail selling prices of petrol and diesel,” said Indian Oil in a statement.

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