 "Feeling the fuel cost pinch? Here's why petrol should be cheaper by Rs 4")
Retail petrol and diesel prices have been reduced for the third straight day on Wednesday, even as Brent rose $2.86, or 8.3 per cent, to settle at $37.22 a barrel after the biggest rout in nearly 30 years a day earlier. The rise of Brent was on the hopes of economic stimulus by the US administration.
Petrol price in national capital Delhi saw a cut of Rs 2.69 a litre, while diesel price in the city was reduced by Rs 2.33. Fuel rates had seen a cut for the last two days, too and they are likely to maintain a
