Petrol prices on Friday were slashed between 14-18 paise a litre. In Delhi, prices were cut by 14 paise to Rs. 76.02, while in Mumbai the petrol prices were brought down by 18 paise a litre, information on the Indian Oil Corporation (IOC) revealed. At the same time, Kolkata and Chennai saw the petrol price cut by 13 paise, and 15 paise respectively. Petrol prices have continuously been cut from May 30 onwards as the fuel prices were rising before then, and even touched Rs. 78.43 a day prior to that i.e. on May 29. In the past 24 days, the prices have been slashed by Rs. 2.41 in Delhi and 2.5 in Mumbai. On Thursday, petrol and diesel prices were cut.