Petrol Prices Now Cheaper By ₹2.46 Per Litre; Further Reduction on Cards

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State-owned oil companies announced their decision to slash petrol prices by at least ₹2.46 per litre. The cut in petrol rates took effect on Thursday midnight.

The latest price cut comes in the wake of falling global crude oil prices and is also based on the rupee value against the US dollar. This is the second revision to have taken place following a ₹2.02 a litre rollback that took effect on June 3, Indian news agency Press Trust of India ( PTI ) said.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: PTI



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