Petrol, diesel rates cut by Rs 2/Litre!

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Petrol, diesel rates cut by Rs 2/ litre.

Public sector oil marketing companies announced a cut in the retail selling price of petrol and diesel by ₹ 2 a litre, in Delhi with a corresponding decrease in other States. The decrease includes State levies and will vary
from state to state.

The new prices are effective from midnight of December 15/December 16.
“The international prices of both petrol
and diesel have continued to be on a downtrend. The rupee-dollar exchange rate, however, has appreciated since the
last price change and the combined impact of
both these factors warrant a decrease in retail
selling prices of petrol and diesel,” said Indian Oil in a statement.

Petrol, diesel rates cut by Rs 2/litre - The Hindu Business Line : Mobile Edition
 
Some more piece of gud news... though it cud be reduced further, as raw crude oil rates have gone down drastically in d intl mkt :k
 
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