29 December,2018 02:23 PM IST | New Delhi | IANS
Representational Image
Domestic fuel prices fell around 30 paise on Saturday as the cost of petrol touched fresh low levels for 2018 across the four metros.
In the national capital, petrol price was at Rs 69.26 per litre, 29 paise down from the Friday's levels of Rs 69.55 per litre, data on the Indian Oil Corp's website showed.
Cost of the fuel in Delhi fell below the Rs 70 per litre mark on December 24 for the first time in the year since January.
In Kolkata, Mumbai and Chennai too, prices of the fuel fell to new lows for the year at Rs 71.37, Rs 74.89 and Rs 71.85 respectively, down from the previous levels of Rs 71.65, Rs 75.18 and Rs 72.16 per litre.
ALSO READ
Mahayuti 'tsunami' set to leave Maharashtra assembly without Leader of Opposition
India, EU firm up extensive roadmap for green hydrogen cooperation
Assam: Ruling allies celebrate 'reaffirmation' of people's trust; oppn draws lesson from defeat
Jaiswal's Perth Simulation: 200 overs in 2 days, inclined concrete slab, lighter synthetic balls
People have shut shops of fake well-wishers of Constitution: Amit Shah on poll results
The decline in domestic fuel prices comes amid the recent fall in global crude oil prices.
As per the country's dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a 15-day average and the value of the rupee.
Diesel prices also declined in line with petrol. In Delhi, Kolkata, Mumbai and Chennai, diesel prices fell to Rs 63.32, Rs 65.07, Rs 66.25 and Rs 66.84, from the previous levels of Rs 63.62, Rs 65.37, Rs 66.57, Rs 67.16 per litre.
Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get the latest updates
