New Delhi, Oct 21 (UNI) For the fourth straight day, petrol and diesel prices were reduced on Sunday providing some relief to consumers.
According to the price notification of state-owned oil firms, petrol price was cut by 25 paise a litre and diesel by 17 paise.
In Delhi, petrol now costs Rs 81.74 a litre and diesel is priced at Rs 75.19 per litre while in Mumbai, petrol is sold at Rs 87.21 per litre and diesel at Rs 78.82.
Fuel prices have been declining since Thursday as oil companies factored in softening of international rates. In four days, petrol price has been cut by Rs 1.09 per litre and diesel by 50 paise.
State-run oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corp Limited(HPCL) revise fuel prices with effect from 0600 hrs on a daily basis.