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Petrol to be cheaper by Rs 1/litre, diesel Rs 2

  •   Tue, Aug 16 2016 06:21:11 AM

New Delhi, Aug 16 (PTI): Price of petrol was today cut by Rs 1 a litre and diesel by Rs 2 per litre, the fourth reduction in rates since July.

Petrol will now cost Rs 60.09 a litre in Delhi from midnight as compared to Rs 61.09 a litre currently, said Indian Oil Corp (IOC). The price of diesel will cost Rs 50.27 per litre as against Rs 52.27.

The price was last cut by Rs 1.42 a litre in case of petrol and by Rs 2.01 per litre for diesel on August 1.

"The current level of international product prices of petrol and diesel and rupee-dollar exchange rate warrant a decrease in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," IOC said.

The movement of prices in the international oil market and rupee-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes, IOC added.
  

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Comment on this article

  • akhilesh, mangalore/bangalore

    Wed, Aug 17 2016

    To all the sickulars....please ask your beloved siddu to waive off the state govt tax...i will bow my head to all my sickular friends!!!!

    DisAgree Agree [1] Reply Report Abuse

  • m, mangalore

    Tue, Aug 16 2016

    Just for everybodys Information. Out of the 60 odd rupees charged for one litre of petrol, 20 rs is taken by state government as duty , 20 rs taken by central govt as duty. So look closer. Your state government is taking equal amount as the centre. Goa is the only state that charges the least.
    If you want to blame modi, then blame siddaramiah as well.

    DisAgree [2] Agree [5] Reply Report Abuse

  • KA DSilva, Dubai

    Tue, Aug 16 2016

    this is too late and too little,

    Indian govt should have decreased the fuel prices drastically a long back ago, which could have resulted in huge increase in domestic product (small scale as well as large scale ) and our finished products prices will compete with others especially China !
    now we have lost the golden opportunity !

    Govt should listen to 'Commondo Rajan

    DisAgree [2] Agree [4] Reply Report Abuse

  • Vincent Rodrigues., Frazer Town,Bangalore

    Tue, Aug 16 2016

    The reduction in fuel price might have been the impact of reduction in international price for fuel.No contribution from the government.

    DisAgree [3] Agree [12] Reply Report Abuse

  • mohan, mangalore

    Tue, Aug 16 2016

    This is only to fool people. May be they wants to increase the price.So they reduce 1 rupee and increase in a month 3 rupees. this is what Modi government is doing since 2 and half years.
    And Brainless bhakts are thinking that modi is great things

    DisAgree [10] Agree [13] Reply Report Abuse

  • Vasant Raj, Mangalore / Abudhabi

    Tue, Aug 16 2016

    But, bad news as Saudi & Russia are meeting and come to a conclusion about the Fuel price, if so, the price will increase, shortly.

    DisAgree [3] Agree [5] Reply Report Abuse

  • Shankar, Mangalore

    Tue, Aug 16 2016

    People comment as if they are going say at the petrol bunks," No, I don't want Modi's gift. I will pay the higher rates as last week!"

    They also think crude oil prices fell just on May 2014!!

    DisAgree [27] Agree [10] Reply Report Abuse

  • Amith, udupi

    Tue, Aug 16 2016

    Looks like you tell ..in the name of NAMO ..radd rupee jaasti gethonle ..jai namo

    DisAgree [2] Agree [3] Reply Report Abuse

  • Hamdan, Udupi/Dubai

    Tue, Aug 16 2016

    Today its reduced petrol by Rs 1 a litre and diesel by Rs 2 per litre and tomorrow morning it will be increased by Rs 2.75

    DisAgree [12] Agree [24] Reply Report Abuse

  • ANIKETH, MUMBAI

    Tue, Aug 16 2016

    hamdaan today you praise modi ,,, tommorow give him bad words. Balance urslef.
    always blamming is not fair na

    DisAgree [4] Agree [9] Reply Report Abuse

  • tom Cat, Mangalore/Mumbai

    Tue, Aug 16 2016

    why reduce rupee or two instead match it with international rates. We don't want modi gift or$#!t. As citizens of we have a right to know the price matches with international rates.

    Dont trust congress or bjp husband and wife party.

    DisAgree [9] Agree [26] Reply Report Abuse

  • ANIKETH, MUMBAI

    Tue, Aug 16 2016

    TOMCAT ur right. but we cant blame much BJP. bcs it was not much in power. they have to recover first what old government did. Recently our government paid huge amount to Iran.
    last year big amount given to relief funds as rain in kashmir n chennai. so we can assume if we think positively the fund is needed there.

    DisAgree [4] Agree [4] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Tue, Aug 16 2016

    While taking advantage of price , frustrated souls will still continue to bad mouth & vent out inner frustrations on the PM of their own motherland

    What to do? They still want to live in slavery, penury feet licking foreigners

    DisAgree [31] Agree [20] Reply Report Abuse

  • Harish Hegde, Mangalore/Aramco Saudi Arabi

    Tue, Aug 16 2016

    j.anata..They still want to live in slavery, penury feet licking foreigners. Do you know what? Only people with good experience comments this things for others or thinks about others. Your comment effects Modi also coz he keeps on flying to foreign countries.

    DisAgree [1] Agree [11] Reply Report Abuse

  • jeevan, mangalore

    Tue, Aug 16 2016

    Independence day GI FT to NATION by MODIJI...

    DisAgree [48] Agree [23] Reply Report Abuse

  • gm, mlur

    Tue, Aug 16 2016

    Gift of fooling?

    DisAgree [16] Agree [39] Reply Report Abuse

  • John, Udupi

    Tue, Aug 16 2016

    Another gimmick by the Central government!. Instead of just reducing by a rupee or two, they should also tell the basis of such reduction like international crude price. This will expose them badly!. Mukesh and Adani's personal fortune may very soon cross that of Bill Gates!.

    DisAgree [16] Agree [25] Reply Report Abuse

  • Jossey Saldanha, Nashville

    Tue, Aug 16 2016

    Thanks to good rain & international fall in crude Acche Din ...

    DisAgree [15] Agree [30] Reply Report Abuse


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