Petrol, diesel rates cut by over Rs.2 per litre

New Delhi, Oct 31 (IANS) Petrol and diesel prices were cut on 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.