Marginal Cut In Petrol, Diesel Prices Continues For Third Day

Marginal Cut In Petrol, Diesel Prices Continues For Third Day
Petrol and diesel prices today: The marginal cuts in rates follow sixteen days of consecutive hikes

Petrol and diesel prices today were revised marginally lower for the third straight day. With effect from 6 am on Friday, June 1, petrol prices were at Rs 78.29 per litre in Delhi, Rs 80.92 per litre in Kolkata, Rs 86.1 per litre in Mumbai and Rs 81.28 per litre in Chennai, according to Indian Oil Corporation. Diesel prices were at Rs 69.2 a litre, Rs 71.75 a litre, Rs 73.67 a litre and Rs 73.06 a litre respectively. Prices are still not far from all-time highs in some cities, as petrol and diesel prices have been reduced only in the range of 11-15 paise per litre in the four metros in these three revisions.

Here are five things to know on petrol and diesel prices today:

sixteen days of consecutive hikesdomestic fuel prices
crude oil the most expensive item
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