IOC to cut diesel prices by 0.8 percent from Saturday | Reuters

NEW DELHI Indian Oil Corp (IOC) will cut the price of diesel by 0.8 percent from Saturday and that of petrol by 3.5 percent, reflecting changes in global fuel prices, the company said in a statement.

India's three state-run oil companies, IOC, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, tend to adjust retail prices of fuels in concert.

A litre of diesel will sell for 54.28 rupees in New Delhi, while petrol will cost 62.51 rupees a litre from Friday.

(Reporting by Sankalp Phartiyal, editing by David Evans)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jul 15, 2016 21:05 PM

Also Watch

IPL 2018: Royal Challengers Bangalore eye revival against Chennai Super Kings as 'Cauvery Derby' comes back to life
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Tuesday, April 24, 2018 It's A Wrap: Beyond the Clouds stars Ishaan Khatter, Malavika Mohanan in conversation with Parul Sharma
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See