States can cut petrol by â¹2.65/L by giving up gains: Report 
States can reduce petrol prices by â¹2.65/litre and diesel by â¹2/litre if they decide to forego potential additional gains out of high crude oil rates, according to an SBI report. The report said states earn an additional revenue of â¹2,675 crore for every $1/barrel increase in crude prices. Petrol price is at a record high of â¹78.43/litre in Delhi.