Petrol To Cost Less From Midnight
By Sree Vazhakode | November 15, 2012 11:55 PM EST
Petrol prices will be reduced by 1.4 percent from midnight on Thursday as global prices remained less volatile, Indian Oil Corp. has said.
In New Delhi, petrol will cost Rs 67.24, down by 95 paise per liter, from Rs 68.19 a litre.
Petrol price in Mumbai will be down by Rs 1.20 per litre to Rs 73.53 while it will cost Rs 70.57 a litre in Chennai. In Kolkata, the price has been cut by Rs 1.19 to Rs 74.55 per litre.
"The trends in the international oil market and rupee-dollar exchange rate are being closely monitored and the same shall be reflected in future price changes," IOC said in the statement, Reuters reported.
Petrol prices were last revised on October 29.
The other two state-run fuel retailers -- Bharat Petroleum Corp and Hindustan Petroleum Corp -- are also expected to cut the rates as they normally revise the prices together.
To contact the editor, e-mail:
Most Popular Slideshows
Join the Conversation
- 2014 Meteor Shower: Slooh To Have Live Broadcast Of Orionids Meteor Shower October 21 Peak, NASA Assures Ideal Observing Conditions
- Kate Middleton Makes First Public Appearance, Sickness Seems Over
- Kate Middleton To Give Birth To A 'Cheerful' Baby, Duchess Not Carrying Twins---Report
- Woman Stuck In Chimney: Genoveva Nunez-Figueroa Arrested For Attempted Break-In After Rescue Team Pulls Stuck Woman Out Of Chimney
- Naked Russian Artist Strikes Anew, Cuts Off Earlobes To Protest Return Of Soviet-Era Policies
- Chilling: New ISIS Video Addresses Australia; Aussie Teen Delivers Message
- The Pirate Bay Blockade: Cost Of Blocking Websites Like TPB Is Ridiculously High
- Xiaomi Mi4 And MiPad Prices Likely Slashed, Thanks To Rivals Oppo, OnePlus And Meizu
- Top 4 Free-To-Download Apps for Fuller iPhone 6, 6 Plus Experience
- Battery Saving Android 5.0 Lollipop Feature Extends The Battery Life Of Your Android Device By 90 Minutes And Displays Orange Bar While Power Saving Mode Is On
- Virginia Woman Who Posted Naked Image Of Ex-BF’s New Partner 1st Person Charged Under Revenge Porn Law
- Australia's 'No Way' Anti-Asylum Seeker Poster Sparks Outrage