60 Paise Cut An "Error". After A Fortnight, 1 Paisa Petrol Price Cut
Prices reduced by 1 paisa per litre in Delhi, Mumbai, Chennai, Kolkata Petrol, diesel prices still near all-time highs in some cities Prices were hiked by Rs. 3-4 a litre from May 13 to May 29
Petrol and diesel prices were marginally lowered on Wednesday, after sixteen days of consecutive hikes. The marginal reduction of 1 paisa per litre comes in the wake of some softening in global crude prices. Despite Wednesday's mild reduction, petrol and diesel prices are still near all-time highs in some cities, including Delhi and Mumbai. Indian Oil Corporation had earlier on Wednesday announced the reduction to be in the range of 56-63 paise a litre on its website. However, within hours, India's biggest oil marketing company revised the prices on its website. "The reduction was supposed to be 1 paisa but due to a clerical error the price prevalent on May 25 was communicated as today's price," news agency Press Trust of India cited a senior official of Indian Oil Corporation as saying.
Here are five things to know about petrol and diesel prices today:
| Petrol price (in Rs. per litre) | Diesel price (in Rs. per litre) | |||||
| 30-May | 29-May | 13-May | 30-May | 29-May | 13-May | |
| Delhi | 78.42 | 78.43 | 74.63 | 69.3 | 69.31 | 65.93 |
| Kolkata | 81.05 | 81.06 | 77.32 | 71.85 | 71.86 | 68.63 |
| Mumbai | 86.23 | 86.24 | 82.48 | 73.78 | 73.79 | 70.2 |
| Chennai | 81.42 | 81.43 | 77.43 | 73.17 | 73.18 | 69.56 |
| (Source: iocl.com) | ||||||
