Petrol price reduced by Re.0.65 per litre
The new price will be effective from Tuesday midnight.
"Since last price change, petrol prices have continued to show a downward trend. However, the INR-USD exchange rate has been depreciating. The current levels of international oil prices and INR-USD exchange rate warrant a decrease in selling price of petrol in the domestic market. Thus a downward revision in selling price of petrol is being effected w.e.f midnight of 30th Sept /1st Oct'14. With this price revision, RSP at Delhi shall decrease by Rs 0.65/litre (including VAT), with corresponding decrease in other States," Indian Oil said in a statement.
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