Petrol price cut by Rs.2.02 a litre in Delhi (Lead)

June 2nd, 2012 - 7:59 pm ICT by IANS  

New Delhi, June 2 (IANS) State-owned Indian Oil Corp Saturday said it will reduce petrol price by Rs.2.02 a litre, including state levies, in Delhi from midnight Saturday. Petrol became dearer by Rs.7.54 a litre in the capital after a rate revision May 23.

According to sources, in all Rs.1.68 a litre have been reduced by the oil company as the international crude prices have softened in the last fortnight.

The oil company said the price cut in other states will vary from that in Delhi and depend on state levies.

Currently, petrol costs Rs.73.18 a litre in the national capital. From midnight Saturday the prices will fall to Rs.71.16 a litre.

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