New Delhi, March 24 (TIWN) Consumers can heave a sign of relief as oil marketing companies (OMCs) have finally relented and reduced the retail price of petrol and diesel after keeping them steady for past 24 days.

This is first reduction in petrol and diesel prices in 2021.  Petrol price fell by 18 paise per litre and diesel by 17 paise per litre in Delhi on Wednesday. This has brought down the retail price of petrol to Rs 90.99 and diesel to Rs 81.47 a litre, respectively in the capital. 

Across the country as well, the petrol and diesel price fell with the quantum varying on the level of local levies on respective states. 

In Mumbai and Kolkata, the retail price of petrol fell by 17 paise per litre each and in Chennai by 16 paise per litre on Wednesday. For diesel, the prices fell by 16 paise, 17 paise and 18 paise per litre respectively in Chennai, Kolkata and Mumbai.