Petrol Price has been cut by three rupees per litre including VAT. The new rate will be effective from midnight . Now, petrol will cost 63 rupees and 9 paise per litre in Delhi, 69 rupees and 73 paise per litre in Mumbai, 65 rupees 90 paise per litre in Chennai and 70 rupees 35 pasie per litre in Kolkata. In a statement, Indian Oil Corporation said that the decision has been taken in the view of the decrease in the International prices of petrol.