Petrol, Diesel prices slashed again: Check revised rates in top cities

After 16 consecutive days of hikes post the Karnataka elections, petrol prices had touched the peak of Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai on May 29

State-run oil marketing firms significantly lowered petrol and diesel prices for the eleventh consecutive day on Saturday.  

As per prices announced by Indian Oil Corp (IOC), petrol prices are down by around 40 paise in the four metro cities, while diesel prices fell around 30 paise.

In Delhi, petrol now costs Rs 77.02 a litre and diesel costs Rs 68.28 per litre. On Friday, petrol and diesel were priced at Rs 77.42 and 68.58 a litre, respectively, in Delhi. 

Similarly, in Mumbai, petrol prices were down 40 paise to Rs 84.84. In Chennai and Kolkata, petrol fell by 42 paise