Petrol Prices cut by Rs 2 per litre, Diesel by 50 Paise per litre

Petrol prices were reduced by Rs 2 per litre, while the diesel prices were cut by 50 paise per litre. The changes will take effect from midnight today. Decrease in global crude prices as well as depreciation of Indian Rupee have been attributed to the decrease in fuel prices. Earlier on August 15, the petrol and diesel prices were slashed by Rs 1.27 and Rs 1.17 per litre respectively.