Fuel price update: Petrol, diesel rates slashed further on Monday

Fuel prices once again witnessed a decline on Monday in New Delhi and Mumbai.

In New Delhi, petrol is being sold at Rs 76.52 per litre after a decrease of 19 paise, and diesel at Rs 71.39 per litre after a decrease of 17 paise.

Meanwhile, in Mumbai petrol is retailing 19 paise lower at Rs 82.04 per litre and diesel at Rs 74.79 after a decrease of 18 paise.

The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil.

The United States recently softened its stand on Iran's sanctions and gave its nod to eight countries to continue importing oil from Iran temporarily. The list of countries includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan.