Jun 02 2012 00:00 IST
State-run oil refiners have agreed to cut oil prices by Rs 2 across the country. Effective from midnight, the partial rollback comes in the wake of the public outcry over the steepest price rise in the country's history. The oil firms had last week hiked petrol price by Rs 7.54 per litre. After the rollback, petrol would cost Rs 71.18 per litre in Delhi. Meanwhile, UPA ally DMK and opposition parties including BJP and the CPI (M) have demanded a total rollback instead of the partial rollback.