Petrol price to be cut by Rs 2/litre effective midnight
Posted on: 02/Jun/2012 6:24:20 PM - No. of views : (2359)
State-run oil refiners have agreed to a partial rollback of last month`s petrol price increase, an oil company source said on Saturday, responding to a public outcry over the steepest rise in the country`s history.
With effect from Sunday, retail petrol prices will be cut by Rs 2 a litre, the source said. Oil firms will reduce petrol price by Rs 1.68 per litre, excluding taxes.
