With global crude fluctuating, OMCs to wait & watch on fuel
The price pause comes after fuel prices increased on 41 days in the current financial year
The price pause comes after fuel prices increased on 41 days in the current financial year
Petrol price was at Rs107.83/litre on Sunday in Mumbai
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.
In the city of Mumbai, where petrol prices crossed Rs 100 mark for the first time ever on Saturday, the fuel price remains at new high of Rs 100.72 per litre. Diesel price also continues to be at Rs 92.69 a litre, the highest among metros.
This is the second consecutive increase in fuel prices in as many days. Petrol and diesel prices had risen up to 29 paise per litre even on Monday.
In Delhi also, petrol and diesel are priced at previous days level of Rs 93.68 and Rs 84.61 a litre, respectively.
The price of petrol increased by 17-19 paisa per litre while the diesel price increased by 28-30 paisa per litre across metro cities of the country.
With Thursday's increase, petrol is now being retailed at Rs 90.99 a litre and diesel Rs 81.42 a litre in the national capital.
Premium petrol, however, continues to remain over Rs 100 a litre in Mumbai and several other cities across the country.
With global crude prices at around $ 66 a barrel mark, OMCs may have to revise fuel prices upwards again if there is any further firming up.
