Petrol, diesel prices down again

Petrol station fuel pump nozzles

Fuel prices were further cutback by the Central Government on Friday with petrol and diesel now being sold at Rs 79.18 and Rs 73.64 per litre respectively in the national capital.

"Every motorist driving a petrol vehicle should feel aggrieved that the price of a litre stayed the same in October when it should have fallen by more than 3p", he said.

Fuel retailers have been criticised after petrol prices remained unchanged in October despite a drop in wholesale costs.

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According to the revised prices issued by Indian Oil, petrol now costs Rs 78.99 in Delhi, Rs 84.49 in Mumbai, Rs 80.89 in Kolkata and Rs 82.06 in Chennai. We promised to the people of this country that we will not push our country into indebtedness. Today, petrol in Noida was sold at Rs 77.14 and diesel was sold at Rs 71.80. Earlier, fuel prices hit record high before coming down gradually. "Although, global oil prices came down during the current month but due to substantial depreciation of Sri Lankan rupee, there is no significant reduction in cost of petrol and diesel", their statement said.

The four metro cities witnessed a slash in the petrol and disel prices on Saturday by 18-20 paise per litre and 12-15 paise. This came down to Rs 81.50 per litre for petrol and Rs 72.95 in case of diesel.

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