New Delhi (NVI): Following a huge fall in crude oil prices on Monday, petrol prices in Delhi slipped to an over eight-month low.
If you are in the National Capital, then you will have to pay Rs 70.29 per litre for petrol and Rs 63.01 for diesel.
Diesel and petrol prices witnessed a reduction across all major metropolitan cities in the country. Fuel prices have been on the decline since February 27 on international trends.
Yesterday, petrol and diesel prices in Delhi went down by 30 paise per litre and 25 paise per litre respectively.
Petrol prices slipped below the 71 mark for the first time in eight months on Monday.
In Mumbai, petrol is selling at Rs 75.99 per litre and diesel at Rs 65.97 per litre. In Chennai, a litre of petrol will now cost Rs 73.02 per litre whereas diesel will be Rs 66.48 per litre. In Kolkata, a litre of petrol will now cost Rs 72.98 per litre while diesel will be Rs 65. 34 per litre.
International fuel prices tumbled most in decades overnight on March 8. The collapse was caused by sinking demands due to coronavirus outbreak worldwide.
On March 9, Global oil benchmark Brent crude futures plunged nearly 30 per cent to USD 31.02 per barrel after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets.