Petrol price cut by Rs 2.41 per litre, diesel by Rs 2.25

New Delhi: Petrol and diesel prices were cut Friday by over Rs.2 per litre each, effective minight, IndianOil Corp announced.

While petrol will be cheaper by Rs.2.41 a litre in Delhi, diesel will cost Rs.2.25 less per litre.

Prices of both fuels were also reduced earlier this month on the back of declining international oil prices.