Petrol, diesel rates cut again on Saturday across major cities. Check latest rates here

New Delhi: Petrol and Diesel rates witnessed a cut on Saturday (June 8). While petrol prices went down 22-24 paise, diesel prices went down 25-27 paise across major Indian cities. After today’s price revision, petrol in New Delhi was retailing at Rs 70.72 per litre while diesel was priced at Rs 64.65 per litre.

It is worth mentioning that the fuel prices in Delhi are the cheapest among all metros and most state capitals due to lower taxes. Domestic petrol and diesel prices have been on a downward movement since May 29 and the trend continued on Saturday as well.

In Kolkata, petrol was retailing at Rs 72.97 per litre on Saturday compared to Rs 73.19 on Friday. Diesel in the city was retailing at Rs 66.57 today as against Rs 66.82 yesterday. In Chennai, petrol and diesel were selling at Rs 73.47 and Rs 68.39 per litre respectively, down 23 paise and 27 respectively.

In economic capital Mumbai, petrol on Saturday was retailing at Rs 76.41 compared to RS 73.70 on Friday. Diesel, on the other hand, was selling at Rs 67.79 per litre as against Rs 69.06 yesterday.

In Gurgaon and Noida, petrol was selling at Rs 70.84 and Rs 70.56 per litre respectively compared to Rs 71.11 and 70.79 on Friday. Diesel in the cities was priced at Rs 63.87 and Rs 64.06 respectively.

It may be noted that the retail selling price of petrol and diesel is dependent on the global prices of benchmark fuel and the rupee-US dollar exchange rate. Crude oil futures rose 3.88 per cent to Rs 3,721 per barrel on Friday as speculators raised their bets on hardening of oil prices overseas.
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