Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Petrol and diesel prices cut by Re 1 and Rs 2 per litre respectively

August 16, 2016, 09:51 AM IST by Sagar Bhanushali
Petrol and diesel prices cut by Re 1 and Rs 2 per litre respectively

In what can only be deemed as good news for the motorists, oil companies have dropped the prices of both petrol and diesel by Re 1 and Rs 2 per litre respectively. The revised prices have already been implemented. 

It wasn't long ago (July 31) when fuel prices were last revised. Back then, the petrol rate was dropped by Rs 1.42 a litre whereas prices of diesel were significantly cut by Rs 2.01 per litre. Now, another price cut has been issued thanks to a positive exchange rate. 

"The current level of international product prices of petrol and diesel and rupee-dollar exchange rate warrant a decrease in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," said Indian Oil Corp.

A litre of petrol now costs Rs 60.09 in Delhi as against Rs 61.09 previously while diesel comes in at Rs 50.27 per litre compared to Rs 52.27 before the price cut. 

 
Tags:petrol price cut,diesel price cut
Show CommentsHide Comments
Ad
  • Upcoming Cars

Mercedes-Benz C-Class FaceliftMercedes-Benz C-Class Facelift

20 September 2018

39L - ₹ 44L
Hyundai SantroHyundai Santro

23 October 2018

4L - ₹ 5L
Kia SPKia SP

July 2019

14L - ₹ 20L
Tata HarrierTata Harrier

December 2018

10L - ₹ 16L
Mahindra XUV700Mahindra XUV700

October 2018

35L - ₹ 40L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in