Fuel Prices: A drop of Rs 0.39 in petrol price was witnessed on Saturday as the fuel prices were cut down consecutively for the third time. In Delhi, petrol is being sold at Rs 81.99 per litre after the price decreased. while diesel costs Rs 75.36 after a cut of Rs 0.12 per litre. In Mumbai, petrol and diesel rates were recorded at Rs 87.46 per litre and Rs 79.00 per litre respectively.

The news agency ANI reported, “Petrol and diesel prices in #Delhi are Rs 81.99 per litre (decrease by Rs 0.39) and Rs 75.36 per litre (decrease by Rs 0.12), respectively. Petrol & diesel prices in #Mumbai are Rs 87.46 per litre (decrease by Rs 0.38) and Rs 79.00 per litre (decrease by Rs 0.13), respectively.”

On Wednesday, the petrol and diesel were sold at Rs 82.38 per litre after a decrease of 10 paise and diesel for Rs 75.48 per litre in Delhi after a decrease of Rs 0.24 respectively. While in Mumbai petrol was priced at Rs 87.84 per litre and diesel for Rs 79.13 per litre after a decrease by 11 paise.

Earlier on Wednesday, the Delhi Petrol Dealers Association (DPDA) had announced a one-day strike in demand to decrease the Value Added Tax (VAT) over continuously rising cost of fuel prices. The Delhi Petrol Dealers Association chief had said that they will strike on October 22. Following the strike call, all petrol and CNG (Compressed Natural Gas) pumps in Delhi will remain closed.

The petrol dealers had urged the Delhi government to decrease VAT on fuel but Arvind Kejriwal government refused it. VAT in Delhi is higher than neighbouring Uttar Pradesh and Haryana.

For all the latest Business News, download NewsX App