New Delhi: On Friday, following the daily revision in retail fuel prices, petrol prices remain unchanged while diesel prices were slashed by 9-10 paise across four metropolitan cities in the country. In Delhi, petrol price is stagnant at Rs 72.81 and diesel is priced at Rs 66.30 a litre as compared with Rs 66.39 a litre on Thursday, as per data from Indian Oil Corporation website. Worth mentioning here is retail petrol and diesel prices in Delhi are the cheapest among all metros and most state capitals thanks to lower taxes.

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While talking about Metrocities prices, In Mumbai, petrol is retailing at Rs 78.43 a litre while diesel costs Rs 69.44 a litre, 10 paise drop from yesterday’s price. Citizens in Chennai have to pay Rs 75.62 for a litre of petrol while diesel is sold at Rs 70.05 per litre. Petrol price in Kolkata remained stable at Rs 74.89 per litre, while diesel prices dropped to Rs 68.08, a 10 paisa less against Thursday’s price. The prices of petrol and diesel prices fell across four metro cities in the country on Thursday. Petrol rates in all the metro cities reduced by 4-5 paise per litre while diesel became cheaper by 10-11 paise.  So far this year, petrol price has gone up by about Rs 4 per litre in major cities of the country. In tandem with petrol, diesel prices have been increased by 5 a litre.

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However it is to be noted that  in the international oil market, crude prices went up because of supply cuts by OPEC and US curbs on Iran and Venezuela. International Brent crude oil futures were trading at USD 68.12 per barrel, up 30 cents, or 0.4 per cent, from their last close.