A day after the petrol and diesel prices were cut down, the fuel rates remain unchanged on April 16.
On April 15, the petrol price was cut by 16 paise per litre and diesel by 14 paise. This was the fourth minor reduction in rates in three weeks following six months of relentless price increases. Fuel prices were trimmed after having remained unchanged for fifteen consecutive days earlier.
Meanwhile, the state-run fuel retailers have given some relief to consumers by lowering the fuel rates after the crude oil prices also reduced in the international market.
At present, petrol in Mumbai costs INR 96.83 per litre, which remains to be the highest, whereas, diesel is sold at INR 87.81 per litre.
Meanwhile, petrol is priced at INR 90.40/ litre and diesel at INR 80.73/ litre in the national capital, Delhi.
In Kolkata, petrol costs INR 90.62 a litre whereas diesel comes for INR 83.61, as of April 16.
The budget of the common man had been severely affected as the petrol and diesel prices were skyrocketing high at approximately INR 100 and INR 90 respectively.
In three reductions, petrol price has come down by 61 paise per litre and diesel by 60 paise. After Thursday’s price cut, the total reduction comes to 67 paise in case of petrol and 74 paise on diesel.
Despite a long spell of rate freeze, prices had gone up by a record INR 21.58 per litre on petrol and INR 19.18 on diesel, since the government raised excise duty in March last year.
Read More: All you need to know about the recent hike in petrol and diesel prices
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