Petrol will cost Rs 67.56 per litre in Delhi with effect from midnight tonight, industry sources said.
Prices vary from city to city due to differential local sales tax or VAT rates.
This is the first revision in rates of petrol, which was deregulated by the government, since November.
Petrol price was cut twice in October and November - first by 56 paise and then by 95 paise per litre.