Diesel Price
Diesel rate is to be cut by ₹1/litre and petrol by ₹1.75.Reuters File

Petrol and diesel prices were cut on Friday by over ₹2 per litre each, effective minight, IndianOil Corp announced.

While petrol will be cheaper by ₹2.41 a litre in Delhi, diesel will cost ₹2.25 less per litre.

Prices of both fuels were also reduced earlier this month on the back of declining international oil prices.