Petrol, diesel prices reduced for second straight day even as oil recovers

Petrol in Delhi now costs Rs 70.29 a litre and diesel Rs 63.01 a litre; in Chennai, petrol costs Rs 73.02 and diesel Rs 66.48 a litre; in Mumbai, petrol costs Rs 75.99 and diesel Rs 65.97 a litre

Retail petrol and diesel prices fell sharply on Tuesday across India's metro cities, even as Brent crude price rose by $2.31, or 6.7 per cent, to $36.67 a barrel, after a steep plunge on Monday. Petrol price in national capital Delhi saw a cut of Rs 3-4 a litre, while the diesel price is the city was reduced by Rs 1-3. Fuel rates had seen a cut yesterday, too. And they are likely to maintain a declining trend through this week.

Petrol in Delhi now costs Rs 70.29 per litre and diesel Rs 63.01 a litre. In Chennai, a litre