Petrol and diesel prices were cut marginally for the second straight day, after 16 consecutive hikes. While petrol prices in Delhi, Kolkata, Mumbai and Chennai were lowered by 7 paise per litre, diesel prices were reduced by 5 paise per litre, Indian Oil announced on its website - iocl.com. Indian Oil had first on Wednesday announced a hike of around 60 paise per litre across the metros, but hours later rectified the prices on its website citing a glitch. "There was a technical glitch in posting the selling prices of petrol and diesel on our website..." On Wednesday, Indian Oil Corporation had lowered petrol and diesel prices by 1 paisa per litre across the metros.
Here are five things to know:
1. With effect from 6 am on Thursday, petrol prices were at Rs 78.35 per litre in Delhi, Rs 80.98 per litre in Kolkata, Rs 86.16 per litre in Mumbai and Rs 81.35 per litre in Chennai, according to Indian Oil. Diesel prices were at Rs 69.25 a litre, Rs 71.8 a litre, Rs 73.73 a litre and Rs 73.12 a litre respectively.
| Petrol price (in Rs. per litre) | Diesel price (in Rs. per litre) | |||||
| 31-May | 30-May | 30-Apr | 31-May | 30-May | 30-Apr | |
| Delhi | 78.35 | 78.42 | 74.63 | 69.25 | 69.3 | 65.93 |
| Kolkata | 80.98 | 81.05 | 77.32 | 71.8 | 71.85 | 68.63 |
| Mumbai | 86.16 | 86.23 | 82.48 | 73.73 | 73.78 | 70.2 |
| Chennai | 81.35 | 81.42 | 77.43 | 73.12 | 73.17 | 69.56 |
| (Source: iocl.com) | ||||||
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