Petrol, diesel prices cheaper by over Re 1 in just 5 days. Check today’s rates

NEW DELHI : As Brent crude oil slumped below the $60 a barrel mark, petrol and diesel prices were cut today for the fifth consecutive day. State-run fuel retailers, who have been cutting rates since January 12, today decreased the price of petrol by 15 paise a litre while the drop in diesel rates was much sharper at 25 paise. During the last five days alone, petrol price has fallen by ₹1.11 a litre and diesel by ₹1.34 a litre.

In New Delhi, a litre of petrol today costs ₹73.71 and diesel ₹66.71. In Mumbai, a litre of petrol comes at a price of ₹ 79.32 a litre and diesel ₹ 69.93 a litre. If you are in Bengaluru, you will have to pay ₹ 76.17 for petrol and ₹ 68.93 for diesel.

In Chennai, petrol costs ₹ 76.56 and diesel ₹ 70.47. Those in Hyderabad will have to pay ₹ 78.38 for petrol and ₹ 72.74 for diesel. In Gurgaon, you pay ₹ 73.44 for petrol and ₹ 65.88 for diesel.

Crude oil rates:

After tanking more than 2% on Friday, oil prices slumped another 2% today to fall below the $60 a barrel mark. Brent crude fell by $1.12 a barrel, or 1.9%, to $59.57 by 0113 GMT, having earlier dropped to $58.68, the lowest since late October. U.S. crude slipped by $1.14, or 2.1%, to $53.05, having earlier eased to $52.15, the lowest since early October.