Fuel prices hit mid-August level, petrol costs Rs 76.52/litre in New Delhi
Updated : November 19, 2018 08:48 AM IST
The reduction in diesel rates has been slower due to moderate fall in its benchmark international prices, according to oil company price notifications.
Petrol prices have been cut by more than Rs 6.25 per litre and diesel by Rs 4.56 in a little over a month in Mumbai on softer international rates.
Rates have been on the decline since October 18. This has wiped out all of the price hike on petrol in two months beginning August 16 and more than half on diesel.