Petrol, diesel prices not to get cheaper by 40 paise from today

Mangalore Today News Network

New Delhi, Nov 01, 2022: Withdrawing its earlier decision, the Indian Oil Corporation (IOC) declared on Tuesday that there would be no diesel and petrol price cuts. With this, a cut of 40 paise on diesel and petrol rates announced on Monday will not be applicable.

 

The petrol price on Tuesday stood at Rs 96.72 in Delhi, whereas it was Rs 106.31 in Mumbai. People in Kolkata have to pay Rs 106.03 for a liter of petrol, while Chennai residents have to shell out Rs 102.63 for the same.

However, the drop in prices was expected as international crude oil prices dropped and remained stable for some time. The crude oil price has remained below 95 dollars per barrel for some time now.

Courtesy: India Today