The fuel prices in the country remained unchanged on Monday as oil marketing companies kept petrol and diesel prices static for 13th consecutive day.
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 paise and 23 paise per litre respectively last week on Tuesday in the wake of global softening of oil prices. OMC has decided to pause price revision as they want to watch the crude price movement that has now fallen to around $62.5 a barrel from remaining above this level in much of the last week.
The OMCs went on price cut for the first time this year on two consecutive days – March 24 and 25 after keeping oil prices steady for past 24 days. It again reduced the price on March 30. Thereafter, fuel prices have remained unchanged.
In Mumbai, petrol continues to be priced at Rs 96.98 a litre and diesel at Rs 87.96 a litre. Premium petrol, however, continues to remain over Rs 100 a litre in the city as is the case with several cities across the country.
Across the country as well the petrol and diesel price remain static on Saturday but its retail levels varied depending on the level of local levies on respective states.
Officials in public sector oil companies said that retail price may rise again if crude and product prices pick up but for now it will fall or remain static for few more days.