New Delhi, Jan 20 (SocialNews.XYZ) Fuel prices were further cut on fifth consecutive day across all major cities on Monday. The price of petrol was cut by 10-12 paise and that of diesel by 19-20 paise on Monday bringing relief to the consumers.
The petrol now costs Rs 74.98 a litre in Delhi, Rs 80.58 a litre in Mumbai, Rs 77.58 a litre in Kolkata and Rs 77.89 a litre in Chennai after the price cut.
Similarly, diesel costs Rs 68.26 a litre in Delhi, Rs 71.57 a litre in Mumbai, Rs 70.62 per litre in Kolkata and Rs 72.13 a litre in Chennai, according to the Indian Oil Corporation website.
Fuel prices have been slashed for the fifth consecutive day. In the last ten days petrol became cheaper by 98 paise and diesel by Rs 1.85.
The retail prices of fuel are dependent on the international crude prices and the rupee-US dollar exchange rate as India imports almost 80 per cent of its crude requirements.
Domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis. Price revisions are implemented at the fuel stations with effect from 6 a.m.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
