Fuel price down: The retail price of diesel dropped for the third consecutive day on August 20. However, the price of petrol remained unchanged for 35 days. Diesel prices were cut by 20 paise on Friday taking the new rates to Rs 89.27 per litre.
Diesel rates were cut by 20 paise on August 18 and August 19 as well in the national capital. But retail price of petrol has remained stagnant at Rs 101.84/litre since July 17. Diesel also saw a rate cut in Mumbai of 20 paise. The current price of diesel stands at Rs 96.84 per litre in Mumbai.
Meanwhile, petrol retails at Rs 107.83 per litre. In Mumbai, petrol crossed the Rs 100-mark for the first time on May 29, this year. In Chennai, diesel prices fell by 55 paise in the last three days. At present, the retail price of diesel stands at Rs 93.84 per litre in Chennai.