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IOC cuts petrol price by 56 paise effective midnight

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Monday, October 08, 2012, 18:17:50 (IST)
 
NEWS FLASH

State-owned retailer Indian Oil has cut petrol prices by 56 paisa effective midnight tonight. The appreciation in the value of rupee against the US dollar has helped state firms make profit on the fuel.

Petrol price was last revised on July 24 when it was raised by 70 paise to Rs. 68.48 per litre in Delhi. It was last cut on June 3 when rates were reduced by Rs. 2.02 per litre.
 

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