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Petrol and Diesel Price Today: Big relief to consumers from relentless fuel price hike; here’s latest rates

Speed News Desk | Updated on: 26 October 2018, 9:54 IST

Fuel price hike has created a stir in the country from the few months, however, the government is trying its best to decrease the rate of Petrol and Diesel price. A few days ago, the Finance Minister had announced to cut down the rate of petrol and diesel price between Rs 2.5 to Rs 5.0.

During this festival season, the government is giving some relief to the consumers after reducing the rate of Fuel price. Today also the price of petrol and diesel gets a decline.


 

 

Like every morning, the price of petrol and diesel revised daily in India with effect from 15th June 2017. Consumers who are waiting to know petrol and diesel price then, we have brought the current price in the metropolitan cities like Delhi and Mumbai.

The petrol price in Delhi was revised to Rs 80.85 per litre, while in Mumbai, the price Rs 86.33 litre after the reduction of Rs 25 paise.

On the other hand, the price of Diesel in Delhi, the rate declined to seven paise lower at Rs 74.73 per litre, while in Mumbai, it has been reduced to eight paise to retails at Rs 78.33 per litre.

The fuel prices had been witnessing a relentless hike since the past few months in the country, burning a hole in the common commuter's pocket.

On October 4, in a bid to ease the crunch caused by soaring fuel prices, Finance Minister Arun Jaitley, announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.

-With ANI inputs

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First published: 26 October 2018, 9:30 IST