Petrol prices in the country continued to witness a slump on Saturday with petrol now being sold at Rs 72.53 per litre in the national capital.

In the financial capital Mumbai, petrol prices slipped to Rs 78.09 per litre. While the prices in Kolkata and Chennai were revised to Rs 74.55 and Rs 75.26 respectively.

On Friday, the prices of petrol were recorded at Rs 72.87 per litre in Delhi, Rs 78.43 in Mumbai, Rs 75.62 in Chennai and Rs 74.88 per litre in Kolkata.

The rates of the fuel across India have been slashing due to the fall in the prices of crude oil.

The United States recently softened its stand on Iran's sanctions and given nod to eight oil countries to continue to import oil from Tehran temporarily. The list includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates and Taiwan