Updated: Apr 17, 2021, 10:27 AM IST
Fuel prices in the country remained unchanged on Saturday as oil marketing companies decided to go on a pause mode and analyse the global developments on oil prices before effecting a revision.
Accordingly, the pump price of petrol and diesel remained at Rs 90.40 a litre and Rs 80.73 a litre, respectively in Delhi.
The price of the two auto fuels had fallen by 16 paisa and 14 paisa per litre, respectively on Thursday after a 15-day break when OMCs kept its prices static.
Across the country as well the petrol and diesel price remained unchanged on Saturday but its retail levels varied depending on the level of local levies on respective states.
Updated: Apr 16, 2021, 10:09 AM IST
Fuel prices in the country finally fell on Thursday with oil marketing companies deciding to pass the benefit of softer global oil prices earlier this month to the consumers. Accordingly, pump prices of petrol and diesel fell by 16 paisa and 14 paisa per litre respectively on Thursday.
With this, petrol is now being retailed at Rs 90.40 a litre in Delhi, down from previous day`s level of Rs 90.56 a litre. Similarly, diesel is now priced at Rs 80.73 a litre in the national capital from earlier level of Rs 80.87 a litre.
With crude remaining below $65 a barrel, for most part of the last fortnight along with softer product prices, the oil companies decided to break their pause and passed on the benefit to the consumers. The OMCs benchmark retail fuel prices to a 15-day rolling average of global refined products` prices and dollar exchange rate.
Petrol, diesel prices revision unchanged for fourth consecutive day
Petrol, diesel prices revision unchanged for fourth consecutive day
IANS / Updated: Apr 3, 2021, 10:25 IST
Representative image
New Delhi: Oil marketing companies on Saturday continued on the pause mode and decided against revising the petrol and diesel after cutting its retail rates on Tuesday.
Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the capital.
Petrol and diesel fell by 22 paisa and 23 paisa per litre respectively on Tuesday in the wake global softening of oil prices. OMC have decide to pause price revision as crude has again gained and climbed up to close to $65 a barrel from a lower $ 60 a barrel earlier.
Petrol prices unchanged across metros for eighth consecutive day
Petrol prices unchanged across metros for eighth consecutive day
IANS / Updated: Mar 7, 2021, 12:12 IST
Representational Image. Photo: BCCL
Oil marketing companies (OMC) kept fuel prices unchanged for the eighth consecutive day across the four metros on Sunday.
In
Mumbai, petrol was sold for Rs 97.57 per litre on Sunday.
Similarly, in Delhi, Chennai and Kolkata, the fuel was priced at Rs 91.17, Rs 93.11 and Rs 91.35 per litre, respectively, all unchanged from the previous levels.
The surge in retail prices comes despite a surge in crude oil prices. Brent crude futures are currently over $69 per barrel.
In Mumbai, petrol was sold for Rs 97.57 per litre on Sunday. Similarly, in Delhi, Chennai and Kolkata, the fuel was priced at Rs 91.17, Rs 93.11 and Rs 91.35 per litre, respectively, all unchanged from the previous levels.