Stable global oil prices are seeing their impact on the domestic market. As of midnight of December 1, oil marketing companies have reduced the retail selling price of petrol by 58 paise a litre and that of diesel by 25 paise a litre.

As a result, petrol will cost Rs 60.48 a litre in New Delhi, Rs 65.93 in Kolkata, Rs 67.55 in Mumbai and Rs 60.80 in Chennai. Diesel will now cost Rs 46.55 a litre in New Delhi, Rs 50.10 in Kolkata, Rs 53.78 in Mumbai and Rs 47.77 in Chennai.