The government on Friday announced a reduction of Rs10.2 per litre in the price of petrol, taking the new rate to Rs258.16 per litre.
The price of high-speed diesel (HSD) has also been slashed by Rs2.33 per litre to Rs267.89.
The new prices will take effect from June 15, 2024.
Earlier, media had reported that the ex-depot petrol prices might come down by Rs9.23 per litre and high-speed diesel (HSD) by Rs4.02 per litre next fortnight starting from June 16 till June 30, 2024.
In the previous review, the government had announced a Rs4.74 per litre reduction in the petrol price and Rs3.86 per litre in high-speed diesel (HSD), taking the rates to Rs268.36 per litre for petrol and Rs270.22 for HSD.