Petrol prices have been reduced by Rs. 1.09, while diesel prices have been hiked by 50 paise. The new rates are effective midnight.<br />"During the past fortnight, petrol prices have shown a downward trend while the INR-USD exchange rate has slightly depreciated. The combined impact of the two factors warrants a decrease in RSP(retail selling price) of MS (motor spirit) by Rs. 1.09/ litre at Delhi (inclusive of VAT) with corresponding decrease in other states." Indian Oil said in a statement<br /><br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
