2015 Petrol Price Revision Wednesday April 15,2015

 

Petrol price cut by Rs 0.80/litre, diesel by Rs 1.30/litre

Petrol price was Wednesday April 15,2015 cut by 80 paise per litre and diesel by Rs 1.30 a litre on global cues, the second reduction in rates this month.

The reduction in petrol and diesel prices will be effective from midnight tonight.

Prices of petrol in Delhi will be Rs 59.20 a litre from Thursday as against the current Rs 60, while diesel will cost Rs 47.20 per litre as against Rs 48.50, said Indian Oil Corp (IOC), the nation's largest oil company.

Following are the revised rates of petrol and diesel in four metros after oil firms cut prices with effect from midnight of Wedneday April 15,2015

PETROL

Current Price Revised Price Decrease 

Rates were cut by 49 paise a litre in case of petrol and Rs 1.21 in diesel from April 02,2015

The second reduction in rates this month reverses two rounds of price hikes in February and March -- first by Rs 0.82 a litre in petrol and Rs 0.61 per litre in diesel on February 16, and by Rs 3.18 per litre in petrol and Rs 3.09 a litre in diesel on March 01,2015

Note

Prior to these increases, petrol price had been cut 10 times since August 2014, and diesel 6 times since October 2014.Cumulatively, petrol prices had been cut by Rs 17.11 per litre in 10 reductions since August and diesel by Rs 12.96 a litre since its deregulation in October 2014