Petrol price cut by Rs. 0.32, diesel down by Rs. 0.85

#hashtags: #December 2015 #Delhi #Crude #India

Oil companies have revised prices of petrol & diesel effective from January 16th, 2016.

This is the 4th reduction in fuel prices since December 2015, and we hope motorists are happy about it.

Price of petrol is now down by Rs. 0.32 while that of diesel is now down by Rs. 0.85.

In Delhi, 1 litre of petrol now costs Rs. 59.03 while diesel costs Rs. 44.18.

Crude oil prices have dropped under $30 per barrel. But given the increased excise duty on petrol & diesel in India, we cannot enjoy much lower fuel...