Fuel prices remain unchanged for 12th consecutive day in a row

Petrol, diesel prices remain unchanged on Thursday


The fuel prices in the country remained unchanged on Sunday as oil marketing companies kept petrol and diesel prices static for 12th 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.

Prices of the fuel in Mumbai, Chennai and Kolkata were at Rs 96.98, Rs 92.58 and Rs 90.77 per litre respectively, same as the previous levels.

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.

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.

Thereafter, fuel prices have remained unchanged. Earlier, petrol and diesel prices increased 26 times in 2021.

(With IANS inputs)