Thursday, June 28, 2012: State run oil marketing companies on Thursday decided to cut petrol price by Rs 2.46 per litre as international oil prices fell to their lowest level since December 2010.
The new rates will be effective from midnight tonight. State-owned oil firms had last month hiked petrol price by a massive Rs 7.54 a litre before partially rolling it back by Rs 2.02 per litre.