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Fuel prices continue to tumble, petrol down by 24 paise a litre

Fuel prices continue to tumble, petrol down by 24 paise a litre
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New Delhi: Fuel prices saw a further reduction on Saturday with petrol seeing a 40 paise cut per litre while diesel registered a 35 paise fall in the capital.

A litre of petrol was at Rs 80.45 in Delhi while diesel was at Rs 74.38 here. In Mumbai, petrol was at Rs 85.93 per litre while diesel was at Rs 77.96.

Fuel prices have been sliding for most of this week after stubborn hikes in the last several months propelled them to record levels.

On October 4, in a bid to ease the crunch caused by soaring fuel prices, Union Finance Minister Arun Jaitley, announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.


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