New Delhi, May 31: Petrol price was today cut by 7 paise a litre and diesel by 5 paise - the second reduction in as many days on the back of softening international oil rates. Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms.

Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30. This is the second reduction in rates coming after a 16-day relentless price hike that followed lifting of a nearly three-week hiatus on price revision just before Karnataka went to polls.

Petrol and diesel prices were yesterday cut by 1 paisa a litre each. That reduction followed rates touching an all-time high of Rs 78.43 per litre for petrol and Rs 69.31 for diesel in Delhi on Tuesday.

State Capitals Petrol Prices : 

Agartala 73.99
Aizwal 74.11
Ambala 78.45
Bangalore 79.63
Bhopal 83.98
Bhubhaneswar 77.15
Chandigarh 75.35
Dehradun 79.27
Gandhinagar 77.64
Gangtok 81.35
Guwahati 80.57
Hyderabad 83.00
Imphal 76.40
Itanagar 74.14
Jaipur 81.13
Jammu 80.03
Jullunder 83.62
Kohima 76.77
Lucknow 78.75
Panjim 72.20
Patna 83.81
Pondicherry 77.09
Port Blair 67.49
Raipur 78.72
Ranchi 77.92
Shillong 77.69
Shimla 78.50
Srinagar 82.72
Trivandrum 82.54
Silvasa 76.20
Daman 76.12

Prices of Diesel across state capitals (Rs./Litre):

Metros Prices

Delhi 69.25
Kolkata 71.80
Mumbai 73.73
Chennai 73.12

Prices vary from state-to-state depending on local sales tax or VAT. Delhi has the cheapest price among all metros and most state capitals.

In the 16 consecutive increases since May 14, petrol price was hiked by Rs 3.8 per litre and diesel by Rs 3.38.

 

(The above story first appeared on LatestLY on May 31, 2018 06:46 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).