Petrol, diesel prices cut for fourth consecutive day

Petrol price was cut by 25 paise a litre and diesel by 17 paise.

Petrol, diesel prices witness dip across India

After a reduction of 21 paise the petrol price in the national capital settled at Rs 82.62 per litre.

The meeting was attended by CEOs of companies like Saudi oil major ARAMCO, Russias Rosneft, BP, Tellurian and many others.

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel subsidy burden.

Despite the government's efforts to bring fuel prices under control, the prices are increasing daily.

Petrol rate is the highest in Mumbai and diesel rate is the highest in Chennai.

Transporters demanded a reduction in diesel prices and the Shiv Sena, too, slammed the government over the issue.

The state government has taken the decision keeping in mind festivals like Dussehra and Diwali.

Fuel prices are the highest in Mumbai.

Discussions are taking place with the United States regarding the reduction of oil imports from Iran.