Oil cost cut in petrol price reduces state rise to 80 per litre

The Rs 4.50 per litre hike in petrol prices in the state, effective from Saturday, was reduced to 80 paise after oil marketing companies cut the fuel cost by Rs 3.77 per litre on Friday evening. Petrol, which now costs Rs 60.37 per litre, will now be sold at Rs 61.17.