NEW DELHI: Petrol price was today cut by 32 paise per litre but diesel rates were hiked by 28 paise a litre on global trends.
Petrol in Delhi will cost Rs 59.63 per litre from midnight tonight as against Rs 59.95 a litre currently. A litre of diesel will cost Rs 44.96 a litre as compared to Rs 44.68 now, according to Indian Oil Corp (IOC).
This is the sixth straight reduction in price of petrol on softening international rates. But in case of diesel, the hike cut short a three-month declining trend.
Fuel rates were last revised on February 1 when petrol price was cut by a marginal 4 paise a litre and diesel by 3 paise a litre after the Government raised excise duty to take away most of the benefit arising from fall in international oil prices. (AGENCIES)
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