Petrol Price Cut By 23-24 Paise/Litre, Diesel By 25-27/Litre In Metros

INSUBCONTINENT EXCLUSIVE:
Currently, the prices of petrol and diesel vary from city to city depending on local taxesPetrol and diesel prices were reduced in metros on
Saturday, February 8 - a third straight day of downward revision
While the price of petrol was lowered by 23-24 paise per litre in Delhi, Mumbai, Kolkata and Chennai, the rate of diesel was brought down by
25-27 paise per litre, according to data from Indian Oil Corporation
Petrol, Diesel Rates In SMS)In Delhi, the price of petrol was at Rs 72.45 per litre and that of diesel at Rs 65.43 per litre with effect
from 6 am on February 8, as against Rs 72.68 per litre and Rs 65.68 per litre the previous day, according to Indian Oil Corporation.In
Mumbai, the prices of petrol and diesel were changed to Rs 78.11 per litre and Rs 68.57 per litre respectively on Saturday, from Rs 78.34
per litre and Rs 68.84 per litre the previous day.Currently, the prices of petrol and diesel vary from city to city depending on local
crude oil rates overseas and the rupee-dollar foreign exchange rate.The rupee declined by 22 paise to settle at 71.40 against the US
output cuts along with the Organization of the Petroleum Exporting Countries (OPEC) and other producers amid falling demand for crude as
China battles the coronavirus.Brent crude futures - the global benchmark for crude oil prices - declined by 46 cents - or 0.84 per cent - to
end at $54.47 a barrel.