new Delhi. With the decrease in Brent crude prices in the international market, prices of petrol and diesel are going down steadily in the domestic market. On Saturday, on Saturday, there was a cut in petrol and diesel. On Saturday, the price of petrol in Delhi was 22 paise per liter and diesel was 25 paise per liter. After this cut, petrol went up to Rs 70.70 per liter and diesel at Rs 65.30 per liter in Delhi on Saturday.On the other hand, the Organization of Petroleum Exporting Countries and their subsidiaries have agreed to cut crude oil production at a rate of 1.2 million barrels per day for a six-month period. This period will be applicable from 1st January. Iranian oil minister Bijan Jangneh briefed the media about the 24 oil producing countries after the meeting ended. Zhangneh said that he was satisfied with the fact that Iran will remain free of oil production commitment.On the reduction of 1.2 million barrels per day in oil production, the direct impact will be on Brent Crude prices in the international market. Now crude oil per barrel is below $ 60. If crude oil prices increase, then oil companies will increase petrol and diesel prices in the domestic market. Let us tell you that prices of Brent crude are constantly falling in the international market and they have reached $ 59.73 a barrel below 60 dollars per barrel. In October, Brent crude's barrel touched $ 86. Brent Crude has seen a decline of more than 30 percent since October..