Petrol price cut, diesel to cost more

PTI NEW DELHI, FEBRUARY 17 Petrol price was on Wednesday cut by 32 paise per litre but diesel rates were hiked by 28 paise a litre on global trends. Petrol in Delhi will cost Rs 59.63 per litre from midnight tonight as against Rs 59.95 a litre currently. A litre of diesel will cost Rs 44.96 a litre as compared to Rs 44.68 now, according to Indian Oil Corp (IOC). This is the sixth straight reduction in price of petrol on softening international rates.