For Quick Alerts
For Daily Alerts

Petrol Prices Cut By Rs 2.16, Diesel By Rs 2.10 Per Litre


Petrol price has been slashed by Rs 2.16 per litre and diesel by Rs 2.10 a litre, with efefct from midnight of May 16, 2017. The reduction, comes on the back of a marginal 2 paise a litre increase in petrol and 52 paise per litre hike in diesel rates effected from May 1.

Petrol Prices Cut By Rs 2.16, Diesel By Rs 2.10 Per Litre
Indian Oil Corp (IOC), the nation's largest fuel retailer, said the price of petrol is being reduced by Rs 2.16 per litre and that of diesel by Rs 2.10 -- both excluding state levies.

Actual reduction in price will be more after taking into account local VAT. Price of fuel largely depends on movement of crude in the global market, apart from the curency exchange fluctuations. The Indian rupee has gained dramatically from levels of 68 to the dollar to the current levels of 64.55. This has helped push fuel prices lower in the country.

Read more about: petrol diesel
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more