IOC cuts petrol, diesel prices by Rs 2 per litre

Company says there has been a decrease in international prices of both petrol and diesel

State-run Indian Oil Corporation announced a reduction of Rs 2 per litre in the prices of petrol and diesel. The change will be effective from Thursday midnight.

The company said that the move is happening since there has been a decrease in international prices of both petrol and diesel.

The company also said that the Rupee and Dollar exchange rate has also appreciated since July 1.