Petrol prices cut by 78 paise a litre

Petrol prices have been cut by Rs 0.78 per litre, the second reduction in two weeks.

The reduction was lower than the anticipated Re 1 per litre because of firming of international prices and drop in rupee during past 48-hours.

Petrol in Delhi will cost Rs 65.64 per litre against Rs 66.42 a litre currently.

The reduction comes on back of a 3.2% or Rs 2.22 per litre cut in rates effected from November 16.