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Petrol price cut by Rs 3 per litre

PSU oil companies have cut the price of petrol by Rs 3 per litre (inclusive of VAT). The rate cut would be effective from Wednesday.

BT Online Bureau | April 30, 2013 | Updated 21:23 IST

PSU oil companies have cut the price of petrol by Rs 3 per litre (inclusive of VAT). The rate cut would be effective from Wednesday.

Petrol would cost Rs 63.09/litre in New Delhi as compared to its earlier price of Rs 66.09.

Prices of petrol were last decreased by Rs 1.20/litre (including VAT) on 16 April 2013. Since last price change, the international prices of petrol have gone down from around $ 116/bbl to around $ 107/bbl. The rupee has also appreciated against the US dollar, giving more room to the oil companies to cut petrol price. The rupee has gone up to Rs 54.26/USD from Rs 54.51/USD during the same period.

The details of existing and revised selling prices of petrol for metros are given below:

 

 

New Delhi

Mumbai

Chennai

Kolkata

Hyderabad

Bengaluru

 

Revised Price

Rs/litre

63.09

69.73

65.90

70.35

68.86

69.35

Current Price

Rs/litre

66.09

72.88

69.08

73.48

72.14

72.63

Decrease

Rs/litre

(3.00)

(3.15)

(3.18)

(3.13)

(3.28)

(3.28)

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