New Delhi, February 04, 2015 (Agencies) Petrol price was on Tuesday cut by Rs 2.42 per liter and diesel by Rs 2.25 per liter in line with a decline in international oil prices. accounting for the tenth straight reduction in petrol price since August and sixth in diesel since October.
New rates of petrol and diesel will be
effective from the midnight of February 3 and February 4, Indian Oil Corp (IOC) announced here.After the price cuts, petrol price is the lowest since September 2010 while diesel is cheapest since March 2013.
In Hyderabad, new rate of petrol price will be Rs. 63.81 per litre and diesel will be Rs.52.13 / litre.