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 price slashed by 49 paise and diesel by Rs 1.21 per litre

April 01, 2015, 12:47 PM IST by Pratheek Kunder
Petrol price slashed by 49 paise and diesel by Rs 1.21 per litre

The prices of the petrol and diesel have been slashed by 49 paise per litre and Rs 1.21 per litre respectively. The government has taken this decision due to decrease in international crude prices.

These new rates will be effective from midnight today. Last time the government increased the fuel prices was on February 28, soon after the annual budget was presented. While this development was questioned by many experts, the government had to increase the price due to the rise in international crude prices. Cumulatively, petrol prices had been cut by Rs 17.11 per litre in 10 reductions since August and diesel by Rs 12.96 a litre since its deregulation in October.

“The international prices of both petrol and diesel have declined. The rupee-U.S. dollar exchange rate has, however, depreciated. The impact of both these factors warrants decrease in retail selling prices of both petrol and diesel,” said IOC in a statement.

 
Show CommentsHide Comments
Ad
  • Upcoming Cars

Tata HarrierTata Harrier

Jan 2019

16L - ₹ 22L
Tata 45XTata 45X

Mar 2019

8L - ₹ 10L
Nissan KicksNissan Kicks

Jan 2019

10L - ₹ 15L
Maruti Suzuki Wagon R FaceliftMaruti Suzuki Wagon R Facelift

Jan 2019

4L - ₹ 6L
Kia SPKia SP

Jul 2019

14L - ₹ 20L
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