Good news ! IOCL cuts Petrol by 6 paise , Diesel prices by 5 paise, Bad News ! Brent Crude rises to USD 77.59
Bhubaneswar : Indian Oil Corporation ltd (IOCL), the country’s largest oil marketing company has continued reducing oil prices for the 3rd consecutive day. The IOCL has reduced Petrol prices by 6 paise and Diesel prices by 5 paise. With this the non-branded petrol prices has come down to Rs.78.29 in Delhi, Rs.86.10 in Mumbai and Rs. Rs.77.09 in Bhubaneswar. Similarly, the non-branded Diesel prices after reduction of 5 paise has come down to Rs.69.20 paise in Delhi, Rs.73.67 in Mumbai and Rs.74.19 in Bhubaneswar. IOCL has reduced Petrol and Diesel prices by 7 and 5 paise respectively yesterday.
On the other hand, Brent Crude oil prices, which had come down to USD 75 per barrel few days ago, has once again increased to USD 77.59 per barrel.