Petroleum and Natural Gas Minister Mr.Dharmendra Pradhan said “Price of Petrol will be reduced from midnight of 14/15 August 2014 in the range of Rs.1.89-2.38(Rs 2.18/litre at Delhi).” This is second time government reducing the petrol price in August. Last time it was reduced by 50 paise per litre. Due to fall in Global Oil price, Petrol price reduced.
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