Indian Oil Corporation (IOC) has reportedly marginally cut down prices of petrol and diesel, around India. The company has cut down prices less than 1% i.e. petrol will cost Rs 77.83 per litre on May 30, while diesel will be sold at Rs 68.75 per litre in New Delhi. The Fuel prices may vary from state to state due to local taxes.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.