Consumers may get respite from frequent fuel price hike this month
With price pause on Friday, petrol continues to be priced at Rs 100.56 a litre and diesel 89.62 a litre in the national capital.
With price pause on Friday, petrol continues to be priced at Rs 100.56 a litre and diesel 89.62 a litre in the national capital.
The only way retail prices could be brought down in this period is by way of tax cuts by both Centre and States, suggests experts as crude oil prices are seen rising from here on.
Across the country as well the fuel prices remained unchanged. Fuel prices were last revised on Tuesday.
Petrol is most expensive in Rajasthan's Sri Ganganagar where it now retailing at Rs 109.67 per litre. Even diesel in the city is priced at a high of Rs 102.12 a litre.
Across the country as well petrol and diesel prices increased on Saturday but its retail prices varied depending on the level of local taxes in different states.
Diesel, on the other hand, was at Rs 87.96 in Mumbai, Rs 85.88 in Chennai and Rs 83.75 per litre in Kolkata.
This latest fall comes after a massive wave of Covid-19 infections continued to impact large parts of Europe.
New Delhi has come down to Rs 90.99 a litre from Rs 91.17 per litre, while diesel is now at Rs 81.30 a litre from previous rates of Rs 81.47.
The petrol and diesel prices have increased 26 times in 2021 with the two auto fuels increasing by Rs 7.46 and Rs 7.60 per litre respectively so far this year.
Crude has now slipped 6 per cent in the last six days and is now sitting a tab lower around $ 64.5 a barrel on the back of rising US inventory.
