Zee Media Bureau
New Delhi: With the price of Brent crude oil falling to a 12-year low in the international markets, the prices of petrol and diesel are likely to come down soon in the Indian market too.
In the last quarterly cut on December 31, 2015, the prices of petrol had been slashed by 63 paise per litre while that of diesel was slashed by Rs 1.06 per litre.
Following this cut, petrol now costs Rs 59.35 per litre in Delhi, as against Rs 59.98 currently, whereas a litre of diesel costs Rs 45.03 as against Rs 46.09.
And with the price of oil falling further in the international markets, oil companies are likely to bring down the prices of petrol and diesel further.