Petrol Prices across the country has been slashed by Rs 3, the steepest in last five years. The three major retailers, Indian Oil, HPCL and BPCL have announced  decrease of 4.5 percent due to the appreciating value of Indian Rupee.
This is the fourth revision of prices in last 2 months making the petrol cheaper than ever in India.
The Prices of Petrol would vary across the cities due to Local Taxes. In Mumbai it is Rs 69.73, Kolkata Rs 70.35, Delhi Rs 63.09, Chennai Rs 65. 90
The Petrol Prices per litre at Patna and other cities of Bihar would be Rs 67.30
Since the last price change, international prices have declined from USD 116.61 per barrel to USD 107 a barrel. Â Rupee-US dollar exchange rate too improved from Rs 54.51 to a US dollar to Rs 54.26.
The price cut announced today is the steepest since December 2008 when rates were slashed by Rs 5 to Rs 45.62 per litre.