India to cut petrol prices | The Daily Star
12:00 AM, October 09, 2012 / LAST MODIFIED: 12:00 AM, October 09, 2012

India to cut petrol prices

Indian state-fuel retailers will marginally cut petrol prices from Tuesday, reflecting a strengthening rupee, the country's largest fuel retailer Indian Oil Corp said on Monday.
The new retail prices of petrol in Delhi will be 67.90 rupees a litre, about 0.8 percent lower than current 68.46 rupees a litre. The partially convertible rupee closed at 52.64/65 per dollar, while Brent crude oil was trading at $111.26 a barrel at 1245 GMT.

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