Otmane El Rhazi : IOC cuts petrol price by Rs 2.4/ltr, diesel by Rs 2.25/ltr

Otmane El Rhazi from Moneycontrol Economy News.

IOC cuts petrol price by Rs 2.4/ltr, diesel by Rs 2.25/ltr Indian Oil Corporation announced it would cut the retail price of petrol by Rs 2.41 per litre (in Delhi) and of diesel by Rs 2.25 per litre, with effect from midnight of October 31/November 1. The new price of petrol in Delhi would be Rs 64.24 per litre while that of diesel would be Rs 53.35 per litre.