Petrol prices lowest in Financial Year 2018-19

New Delhi: Petrol prices on Wednesday touched the lowest level in the ongoing financial year across the four metro cities — Chennai, Delhi, Kolkata, and Mumbai. In the national capital, petrol price fell to Rs 73.57 per litre against Tuesday’s level of Rs 74.07 per litre, according to data on the Indian Oil Corp’s website.

The price in Delhi was the lowest recorded level in FY 2018-19 so far, with the previous low being Rs 73.73 in April 1. In the other metro cities too petrol prices fell by around 50 paise from Tuesday and recorded the lowest prices in the current fiscal. Prices in Kolkata, Mumbai and Chennai were Rs 75.57, Rs 79.12 and Rs 76.35 per litre, respectively, against the previous levels of Rs 76.06, Rs 79.62 and Rs 76.88 per litre.

The previous lows for the current fiscal in Kolkata, Mumbai and Chennai were Rs 76.44, Rs 81.59 and Rs 76.48 per litre recorded in April 1. Diesel prices also declined on Wednesday in tandem with cost of petrol.

In Delhi, Kolkata, Mumbai and Chennai, diesel was sold for Rs 68.49, Rs 70.34, Rs 71.71 and Rs 72.34, respectively, compared to Rs 68.89, Rs 70.74, Rs 72.13 and Rs 72.77 per litre. The fall in domestic fuel prices comes amid the recent decline in crude oil prices. (IANS)

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