The OMCs seems to have adopted a wait and watch mode before taking any decision on price revision. The pump price of fuel has been static since July 18.
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell 0,72 to trade at $70,59 while the price of the Light crude oil at the NYMEX
For the 28th consecutive day, petrol and diesel prices remained unchanged across the country. In the national capital petrol continues to be sold for Rs 101.84 per litre, while diesel is also being sold at the unchanged price of Rs 89.87 a litre. Petrol prices in all metros have crossed the Rs 100 per litre mark.
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(Bloomberg) Russia’s economy grew at the fastest quarterly pace since 2000 as it bounced back from coronavirus lockdowns last year.
Growth in the second quarter reached 10.