and diesel prices cut for the third time in two months
16 May 2003
Mumbai: For the third time in two months, petrol
and diesel prices have been cut. Petrol will be cheaper
by more than a rupee and diesel by almost a rupee in most
states from the midnight of 15 May 2003.
companies on Thursday reduced the retail prices of petrol
and diesel by nearly Rs 1.10 per litre and Re 0.95 per
litre, respectively, on account of falling international
crude oil prices.
Petroleum officials say the decrease in the prices will
be effective from midnight of 15-16 May 2003. The new
prices of petrol in Delhi, Kolkata, Mumbai and Chennai
will be Rs 30.40 per litre, Rs 31.91 per litre, Rs 35.25
per litre and Rs 33.22 per litre, respectively.
new diesel prices for the four metros will be Rs 19.18
per litre in Delhi, Rs 20.57 per litre in Kolkata, Rs
24.38 per litre in Mumbai and Rs 21.38 per litre in Chennai.