NEW DELHI: In some respite to consumers, petrol and diesel prices were again reduced by the state-run oil marketing companies (OMCs) on Monday. This is the fifth straight reduction in the fuel rates after the prices zoomed to record highs amid rise in global crude oil cost.Petrol prices were cut by 30 paise while the diesel rates were reduced by 27 paise.A litre of petrol in Delhi will now cost Rs 80.44 and diesel will be sold in the national capital at Rs 74.92. However, all 400-odd petrol pumps along with linked CNG dispensing units in the national capital will remain shut on Monday in protest against Delhi government's refusal to reduce VAT (local sales tax) on fuels, the Delhi Petrol Dealers Association (DPDA) said in a statement.In comparison to Delhi, fuel rates in bordering states like Uttar Pradesh and Haryana are cheaper, DPDA president Nischal Singhania said.In Mumbai, petrol price on Monday stood at Rs 86.91 per litre and diesel is sold at Rs 78.54.State-run oil marketing companies Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) revise fuel prices with effect from 6 am on a daily basis.The rates were reduced by a minimum Rs 2.50 per litre across the country on October 5, when the government had slashed excise duty on petrol and diesel by Rs 1.50 a litre and asked oil PSUs to subsidise the fuels by another Re 1 a litre.Before the October 5 price cut, petrol in Delhi had hit an all-time high of Rs 84 per litre and diesel was at record Rs 75.45.In Mumbai, petrol had hit a peak of Rs 91.34 hit on October 4 and diesel was sold at a record high of Rs 80.10.