Petrol price was reduced by Rs 6.07 per litre and diesel by Rs 11.75 per litre in Delhi on Thursday as oil companies passed on the reduction in excise duty on fuel prices to consumers. In Mumbai, petrol prices were reduced by Rs 5.87 and diesel by Rs 12.48 per litre. The central government announced on Wednesday evening that it would be reducing central excise duty on petrol and diesel by Rs 5 and Rs 10 respectively. It added that the idea behind reducing the excise duty is to give a fillip to the economy which is recovering the ravages of the pandemic.