Petrol and diesel prices dip for 10th consecutive day

New Delhi: Fuel prices fell for the tenth consecutive on Friday as Indian Oil Corp marginally reduced the prices of petrol by around 21 paise and diesel by 15 paise.Petrol prices fell around 21 paise in the four metro cities, Delhi, Kolkata, Mumbai and Chennai, compared with the previous day's rates, according to Indian Oil Corporation.

Diesel prices were decreased by 15-16 paise per litre.With effect from 0600 hrs on Friday, June 8, petrol and diesel prices were at Rs 77.42 per litre in Delhi, Rs 80.07 per litre in Kolkata, Rs 85.24 per litre in Mumbai and Rs 80.37 per litre in Chennai, according to IOC.

Diesel prices were at Rs 68.58 per litre, Rs 71.13 per litre, Rs 73.02 per litre and Rs 72.4 per litre in Delhi, Kolkata, Mumbai, and Chennai respectively.On Thursday, petrol prices were reduced by 9 paise, while diesel prices were cut by 7 paise in Delhi.

State-run oil marketing companies - with Indian Oil Corporation being the country's largest - currently review the prices on a daily basis, tracking global crude oil and rupee-dollar forex rates, among other factors.(UNI)