New Delhi: Petrol price was on Thursday lowered by Rs.1.09 per litre, the second reduction in three-and-half-months, while diesel rates were hiked by 50 paise a litre.
The revisions will be effective from Thursday midnight, Indian Oil Corp said.
“During the past fortnight, petrol prices have shown a downward trend while the INR-USD exchange rate has slightly depreciated,” IOC said in a release. (IANS)
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