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Fuel prices further slashed, downward trend on Saturday

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New Delhi: Fuel prices witnessed further reduction on Saturday providing some relief to the consumers.

In the national capital, the petrol prices were reduced by 40 paise to Rs 80.45, while diesel saw a reduction of 35 paise to fall to Rs 74.38.

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In Mumbai, petrol prices were reduced by 40 paise to now be selling at Rs 85.93, while diesel prices fell to Rs 77.96 after reduction of 37 paise.

On October 4, in a bid to ease the crunch by soaring fuel prices, Finance Minister Arun Jaitley had announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.

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