Petrol price cut by Rs 2.41, diesel by Rs 2.25

New Delhi: Ride is going to give more happy to common people. Petrol price was cut by Rs 2.41 a litre,  and diesel by Rs 2.25 per litre effecting from 1st November, as a affect of falling international oil rates.

petrol

From Modi government, is is 6th time to reduce fuel prices. BJP leaders saying that it happened because of BJP government’s constructive governance.  The reduction in rates of petrol and diesel, which was deregulated for the first time in more than a decade, will be effective from midnight tonight, Indian Oil Corp, the nation’s largest fuel retailer, announced.

The Rs 2.41 a litre price cut in petrol and Rs 2.25 in diesel was after accounting for a 10-15 paise increase in commission paid to petrol pump dealers. The reduction should have been higher by 10-15 paise if the dealer commission had not been increased.